Try GOLD - Free
Tata, Adani betting big on transmission & distribution
Financial Express Lucknow
|August 18, 2025
BANKING ON A big transmission tendering pipeline and distribution opportunities, Tata Power and Adani Energy Solutions (AESL) are betting big on the space.
AESL is looking to triple its operational asset base by 2030, company sources indicated, on the back of an order book of about ₹60,000 crore and near-term transmission industry tendering pipeline of around ₹90,000 crore.
Tata Power, which has earmarked a capex of ₹25,000 crore for FY26, is looking to spend 30% on transmission and distribution. Praveer Sinha, MD and CEO of Tata Power has indicated the company is working on close to 3,000 MW of projects which would cost ₹10,000 crore.
This story is from the August 18, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Govt clears ₹503 cr for 4.8K EV chargers
THE CENTRE HAS approved proposals worth ₹503.86 crore for the installation of 4,874 EV chargers across multiple states and Central Public Sector Enterprises (CPSEs), Heavy Industries Minister HD Kumaraswamy said on Tuesday.
1 min
May 13, 2026
Financial Express Lucknow
Benchmarks on crash course
Indices plunge 2% as US-Iran deal hopes fade
1 mins
May 13, 2026
Financial Express Lucknow
Need smarter gold import rules
A TRANSPARENT, COMPETITIVE SYSTEM IS A BETTER LONGER-TERM ALTERNATIVE TO HIGHER DUTIES
4 mins
May 13, 2026
Financial Express Lucknow
Tourism can be India's green forex engine
India has not yet fully linked tourism strategy with broader economic and green diplomacy. This is a major policy gap
3 mins
May 13, 2026
Financial Express Lucknow
VARDE TOPS Q1 PVT CREDIT LENDING
INTERNATIONAL CREDIT FUND Varde Partners was the top private credit provider in the country during January-March, investing $340 million, amounting to 19.7% of the total, as per Octus Intelligence.
1 min
May 13, 2026
Financial Express Lucknow
Sebi mulls revising position limits on farm derivatives
THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday proposed higher position limits (maximum number of contracts that can be held by a client) in agricultural commodity derivatives at 2% of the deliverable supply, up from 1%, a move aimed at improving liquidity, depth and price discovery in the commodities market.
1 min
May 13, 2026
Financial Express Lucknow
Retail inflation inches up
SO FAR, THE government and state-owned oil marketing companies have absorbed much of the rise in global crude oil prices, with retail fuel prices remaining unchanged.
1 mins
May 13, 2026
Financial Express Lucknow
OpenAI, Microsoft to cap revenue-sharing at $38 bn
OPENAI HAS AGREED to cap total revenue it shares with Microsoft under their agreement at $38 billion, The Information reported on Monday, citing a person with knowledge of the arrangement.
1 min
May 13, 2026
Financial Express Lucknow
NEET-UG cancelled, re-exam date in 7-10 days
THE NEET (UG) 2026 exam held on May 3 was cancelled on Tuesday amid allegations of paper leak with the CBI registering an FIR after the government asked it to carry out a comprehensive inquiry into the “irregularities”.
1 mins
May 13, 2026
Financial Express Lucknow
Kotak's shock therapy: Less of Vishnu, more of Brahma & Mahesh
Veteran banker warns India must prepare for a major economic shock due to geopolitical tensions
2 mins
May 13, 2026
Listen
Translate
Change font size
