Tata Power Renewables Hits 10 GW EPC Milestone in FY26

Introduction

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has achieved a significant operational milestone by executing 10 GW of renewable energy projects through its Engineering, Procurement, and Construction (EPC) division. This accomplishment solidifies TPREL's position as a leading player in India's renewable energy sector, demonstrating its robust project execution capabilities for both in-house and third-party clients.

A Landmark Achievement in EPC Execution

The 10 GW portfolio comprises a diverse mix of projects, underscoring TPREL's versatility and expertise in the renewable energy landscape. The capacity is split between 4.2 GW of in-house projects and 5.8 GW of projects executed for third-party clients. This balance highlights the company's dual strategy of expanding its own generation capacity while also serving as a trusted EPC partner for other developers.

Solar power dominates the executed capacity, with 9.7 GW of solar projects commissioned to date. The portfolio is complemented by 290 MW of wind projects, showcasing TPREL's capabilities across different renewable technologies. The successful execution of these projects, often in challenging geographical and climatic conditions across five states, speaks to the company's technical proficiency and project management skills.

Accelerated Growth in FY26

TPREL has demonstrated remarkable growth momentum in the current fiscal year. In the first nine months of FY26, the company commissioned 1.88 GW of EPC renewable energy capacity. This represents a substantial 33% increase compared to the 1.4 GW commissioned during the same period in the previous fiscal year, FY25.

The third quarter of FY26 was particularly strong, with TPREL completing 941 MW of renewable energy projects. This marks the company's highest-ever quarterly addition and reflects a staggering 139% year-on-year increase from the 393 MW installed in Q3 FY25. This acceleration in project delivery is a clear indicator of TPREL's operational efficiency and its ability to scale execution rapidly.

Key Projects and Third-Party Collaborations

A significant portion of the recently commissioned capacity was for third-party clients. Of the 1.88 GW added in the first nine months of FY26, 1,329 MW consisted of solar projects for external partners. The remaining 546 MW were in-house projects, which included 359 MW of solar and 187 MW of wind capacity.

Major projects commissioned during the third quarter included large-scale, DCR-compliant solar facilities for prominent public sector undertakings such as NHPC, NLC, and SJVNL in Bikaner, Rajasthan. Additionally, a 187 MW wind project was successfully commissioned in Karur, Tamil Nadu, further diversifying the company's execution portfolio.

TPREL's EPC Milestone at a Glance

Operational Capacity and Future Outlook

While the 10 GW milestone relates to its EPC arm, TPREL's own utility-scale operational capacity has also grown steadily. The company's total operational portfolio now stands at 6.0 GW, comprising 4.8 GW of solar and 1.2 GW of wind assets. This growing asset base provides a stable, long-term revenue stream for the company.

Looking ahead, TPREL plans to continue its expansion trajectory. The company has announced plans to commission an additional 0.75 GW of its utility-owned capacity during the remainder of FY26, further contributing to India's national renewable energy targets.

Market Impact and Strategic Importance

Reaching the 10 GW EPC milestone is strategically important for Tata Power. It reinforces the company's reputation as a reliable and high-quality EPC contractor, capable of delivering complex projects on schedule. This capability not only drives a significant revenue stream but also provides valuable insights into supply chain management, technology trends, and construction best practices, which benefit its in-house projects.

By successfully executing projects for major government entities like NHPC and SJVNL, TPREL strengthens its position to win future large-scale tenders. This track record is crucial as India continues to auction large capacities to meet its ambitious goal of 500 GW of non-fossil fuel capacity by 2030.

Conclusion

Tata Power Renewable Energy Ltd's achievement of executing 10 GW of EPC projects is a testament to its execution excellence and strategic focus. The significant year-on-year growth in commissioning activity highlights the company's ability to scale its operations effectively. As TPREL continues to expand both its own asset base and its third-party EPC services, it is set to play an even more critical role in powering India's clean energy transition.