Tata Power announces Rs 6,000 crore capital investment in Odisha

UP Govt receives Rs 2 lakh crore investment commitments for power sector

Four power discoms of Odisha, where Tata Power has a majority stake, are committed to Rs 6,000 crore capital investment in the next five years, as per reports. Tata Power will also set up 1,000 electric vehicle (EV) charging points, 1,00,000 solar pumps, microgrids, rooftop and floating solar plants in the next five years. The company has already installed over 700 solar pumps in addition to 1,200 dual pumps for community drinking application across the State.  It has been engaged in power distribution across Odisha and is committed to ensure ease-of-doing business through quality power supply. Tata Power is also working with Bhubaneswar Smart City Limited (BSCL) in deploying charging infrastructure at multi-level car parking lots and public utilities like hospitals, universities, malls, and at important city hubs and is in the early stages of early stages to explore the development of green hydrogen hubs in the Paradip region to meet industrial demands.

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