Tata Power raises ₹2,000 crore, launches energy insights lab
Tata Power announced the allotment of ₹2,000 crore worth of unsecured, senior, redeemable, rated, listed, taxable, non-cumulative non-convertible debentures (NCDs) via a private placement on December 19, 2025. This issuance comprises 1,00,000 Series I NCDs at a 7.05% fixed rate with a three-year tenor, and 1,00,000 Series II NCDs at a 7.25% fixed rate with a five-year tenor, each having a face value of ₹1,00,000. These NCDs are slated for listing on the Wholesale Debt Market Segment of BSE Limited.
Concurrently, Tata Power launched the Energy Insights & Innovation Lab (EIIL) in collaboration with the London School of Economics and Political Science (LSE) and the International Growth Centre (IGC). Inaugurated on December 19, 2025, the EIIL aims to accelerate India's clean energy transition by leveraging data, behavioural science, AI for smarter power solutions.
The EIIL will address challenges such as managing peak electricity demand and integrating renewable energy. The initiative also involves an MoU between Tata Power, LSE, and IGC to co-develop scalable solutions, emphasizing demand-side management and consumer-centric innovation through applied pilots using smart meter and IoT data.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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