Tata Power says it aims to reach about ₹1 lakh crore (₹1 trillion) in revenue by 2030, along with profitability targets for the same period. Business Standard reports the company also targets ₹10,000 crore in profit after tax (PAT) by 2030. The company’s plan includes expanding capacity and developing new businesses across the energy value chain, with emphasis on renewables and emerging technologies.
As part of its 2030 roadmap, Tata Power is planning further growth in solar power and battery storage. It also indicates expansion in nuclear power alongside these areas. According to Business Standard, Tata Power is additionally developing plans tied to Odisha, including a solar manufacturing unit in the state. The Economic Times report aligns with the overall revenue target figure, presenting Tata Power’s goal to scale revenue to ₹1 lakh crore by 2030.
Overall, the coverage describes a multi-year strategy focused on increasing revenue and returns while diversifying into solar, battery storage, and nuclear, including manufacturing and project development activities.
