Tata Power Company received approval to invest ₹11,871 crore in a new 1800 MW Pumped Storage Project. The company board cleared the proposal during a meeting held on November 11, 2026. This investment marks a development for the organization as it expands its infrastructure within the energy sector.
The project is located at Shirwata in Maharashtra and carries an expected completion timeline of 51 months. Tata Power Company stated that the facility will support Renewable Energy Round the Clock applications by facilitating energy shifting. It also noted that the project will contribute to the decarbonization of industries that are difficult to abate.
This development adds to the existing capacity of the firm, which currently stands at 16.9 GW. The business operates as a major integrated power provider in India. It maintains a focus on these areas as it works to integrate new storage capabilities into its current portfolio of power assets across the country.
Based on company and agency reports. For information only; not investment advice.