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Tata Power green capacity addition to rise sixfold in H2

Financial Express Kochi

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November 17, 2025

AFTER A SLOWDOWN in project completions in the first half of FY26, Tata Power expects its renewable energy capacity addition to pick up from the current quarter and scale up significantly from the next financial year.

- RAGHAVENDRA KAMATH

The company added just 205 MW renewable energy capacity in H1 as it could not complete projects as sites were inundated after rains and access was curtailed, especially wind sites which require movement of heavy wind turbines, Praveer Sinha, MD and CEO at Tata Power, said ina call with analysts.

The company expects to add 1.3 GW in the second half of FY26 —amore-than-sixfold rise over H1 — taking the total capacity addition to 1.5 GW, Sinha said .The company had set a target of adding 2.5 GWa year earlier. The company had autility scale renewable capacity of 5.7 GWas of September 2025 and similar capacity is under construction. It is targeting a green energy capacity of 33 GW by FY30.

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IOC Q3 net jumps over fourfold to ₹12,126 cr

STATE-RUN REFINER INDIAN Oil Corporation on Thursday reported a more than fourfold jump in its standalone net profit for the December quarter, driven by a sharp improvement in refining and marketing margins and higher fuel sales, even as its petrochemicals business continued to remain under pressure.

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‘Our capex for FY27 will be around ₹25,000 crore’

Tata Power posted a 25% yo-y drop in net profit to ₹772 crore in Q3FY26 and its revenues fell 9.4% yo-y to ₹13, 948 crore.

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Drug trials with non-animal testing can cut costs by 90%

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Heavy industry to gain from carbon capture push

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Fitch revises Axis Bank outlook to positive

FITCH RATINGS ON Thursday revised the outlook on Axis Bank’s long-term issuer default rating (IDR) to ‘positive’ from ‘stable’, and affirmed the IDRat ‘BB+’.

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PhysicsWallah net profit jumps 33%

LISTED EDTECH MAJOR PhysicsWallah reported a 34% year-on-year increase in revenue from operations to ₹1,082.4 crore for Q3FY26.

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Centre widens startup definition to include deeptech; turnover limit up

THE GOVERNMENT HAS expanded the scope of the Startup India programme by formally recognising deep technology companies as a distinct category, while also easing eligibility norms for the broader startup ecosystem by raising the turnover threshold.

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PVR Inox profit rises 166% on festive boost

PVR INOX SAW its consolidated net profit rise 1.6 times to nearly %96 crore in the

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‘We will deliver sustained growth next year also’

Godrej Properties saw a 20% yo-y jump in profit in Q3FY26 at ₹195 crore and its revenues fell 49% to ₹498 crore.

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