Tata Power outlines targets to grow its business significantly by 2030, aiming for revenue of about ₹1 lakh crore (₹1 trillion). Multiple outlets report that the company’s plans include increasing profits and raising performance metrics alongside expanding its energy portfolio. One report says Tata Power also targets profit (PAT) of around ₹10,000 crore by 2030, indicating a goal to substantially improve profitability as revenue grows.
The company’s strategy is described as including investments and expansion across several areas within the energy transition. Sources mention further development in nuclear power and battery storage, alongside scaling renewables. In this context, Business Standard specifically highlights plans for a solar manufacturing unit in Odisha, linking the state-based initiative to the company’s broader growth goals.
Another report frames the ambition as doubling profits while reaching more than ₹1 lakh crore in revenue by FY30, consistent with the broader 2030 timeframe. Overall, the coverage converges on the core objective of hitting roughly ₹1 trillion revenue by 2030, supported by a multi-technology expansion plan spanning solar manufacturing, storage, and nuclear power.
