Tata Power approves ₹11,871 crore pumped storage project in Maharashtra
Tata Power is in focus in an energy transition development.
· LiveMint Companies, BS Companies
The 1.8 GW project at Shirwata is expected to be completed in 51 months, as the company steps up investments in power generation, renewable energy and manufacturing.
The analysis
Tata Power reported ₹11,871 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.5% on the day at ₹348.00, and has returned -9.1% over three months. It sits 25% below its 52-week high. The power sector has moved -8.1% over the same period, so Tata Power is running 1.0 points behind its peers.
For Tata Power, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- In focus: Tata Power (TATAPOWER), in Power.
- Over three months: Tata Power -9.1% against Power -8.1% (1.0 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata PowerTATAPOWER · Power | ₹348.00 | -2.5% | +0.9% | -9.1% | -24.6% | 1.9× | — |
Power
1M +0.9% · 3M -8.1%
Tata Power
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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