Tata Power has planned to double its capital expenditure to Rs 12,000 crore in the current fiscal, with a focus on renewables, distribution, transmission and solar equipment manufacturing capacity.
“To meet the growth targets, your company (Tata Power) plans to invest about Rs 12,000 crore, which is double the capex spent in FY23,” Tata Power Chairman Natarajan Chandrasekaran said while addressing the 104th annual general meeting on Monday.
