Tata Power will focus on the renewable front for future growth, and it aims to raise its green energy portfolio to 50 per cent. Its growth would be concentrated on renewables, distribution and transmission of power along with new and value-added business, including rooftop solar, smart metering, micro-grids in rural areas and setting up EV charging stations, the company said in a statement.
“We will continue with our plans to increase renewable energy footprint by capitalising on these opportunities through value accretive projects,” it said.
The proposed Renewable InvIT is a growth engine and targets to be India’s largest renewable InvIT with capacity of 15-20 GW, as per the company.
