Tata Power in Advanced Discussions with Three States for Nuclear Power Projects, Detailed Project Reports to be Finalized Within Six Months
Tata Power Engages in Nuclear Power Projects Discussions
Tata Power is in discussions with three states over its nuclear power projects, which are currently undergoing a feasibility study. The company expects to receive a detailed project report in the next six months. Additionally, Tata Power is engaged with the Nuclear Power Corporation of India (NPCIL) for its nuclear project plans.
Tata Power is exploring plans to set up two small modular reactors (SMR) projects, each with a capacity of 220 megawatts. The company is also in discussions with the three states to obtain the necessary approvals for water and soil testing activities.
On the financial front, Tata Power posted an over 8 per cent rise in consolidated net profit to Rs 1,415.52 crore during the March quarter of FY2025-26. The company's net profit for the year-ago period was Rs 1,306.09 crore. The increase in net profit was largely due to lower expenses.
| Quarter | Total Income (Rs crore) | Total Expenses (Rs crore) | Net Profit (Rs crore) |
|---|---|---|---|
| Q4 FY26 | 15,455.48 | 14,876.50 | 1,415.52 |
| Q4 FY25 | 17,446.95 | 16,179.77 | 1,306.09 |
Tata Power trimmed its expenses to Rs 14,876.50 crore in Q4 FY26 from Rs 16,179.77 crore a year ago. The company also reduced its fuel cost to Rs 1,336.29 crore from Rs 3,720.35 crore in the fourth quarter of FY25.
Investor Takeaway
Tata Power is exploring nuclear power projects and expects to finalize detailed project reports within six months.
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