Tata Power Renewable Energy Achieves 1 GWp Rooftop Solar Milestone
Filing Summary
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Ltd, has reached a significant milestone by installing 1 GWp of rooftop solar capacity within the first nine months of FY26. This achievement marks a 127% year-on-year growth compared to the previous fiscal year. The company added 1.7 lakh new customers, resulting in a 345% increase in customer adoption. Cumulative installations now exceed 3 lakh, translating to over 4 GWp of capacity nationwide. Key states contributing to this growth include Uttar Pradesh, Maharashtra, Gujarat, and Telangana.
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Ltd, has achieved a milestone by installing 1 GWp of rooftop solar capacity in the first nine months of FY26. This represents a 127% year-on-year growth compared to the 444 MWp installed in the same period of FY25. The company added 1.7 lakh new customers during this period, marking a 345% increase in customer adoption compared to the previous year. Cumulative rooftop solar installations now exceed 3 lakh, translating into over 4 GWp of installed capacity nationwide.
Financially, the company has seen a significant increase in installations and customer base. The third quarter of FY26 alone saw 58,476 installations, adding 372 MWp of capacity, which is a 242% increase from the 17,092 installations in Q3 FY25. This growth underscores the company’s expanding footprint in the rooftop solar market across India. The states of Uttar Pradesh, Maharashtra, Gujarat, and Telangana have been pivotal in this growth, with Maharashtra and Gujarat leading in cumulative installations.
Operationally, TPREL’s achievements span both residential and commercial & industrial segments. The company has onboarded 1.7 lakh new customers, bringing the total customer base to over 3 lakh. The installations in Uttar Pradesh reached 30,857 with an aggregate capacity of 128 MWp, while Maharashtra contributed 21,044 installations totaling 126 MWp. Gujarat recorded 18,907 installations with the highest capacity of 143 MWp, and Telangana added 14,622 installations accounting for 62 MWp.
The timeline for these achievements spans the first nine months of FY26, with significant growth noted in the third quarter. The company’s strategy has focused on expanding its presence across key states, with Maharashtra emerging as the leading contributor with 41,827 installations and a cumulative capacity of 855 MWp. Gujarat followed with 31,624 installations and a capacity of 525 MWp. Tamil Nadu and Chhattisgarh also contributed significantly to the company’s growth.
TPREL, as a subsidiary of Tata Power, plays a crucial role in the company’s renewable energy strategy. The company has been ranked as India’s No. 1 rooftop solar player for the past decade, according to BTI Research (CRISIL). The company’s efforts align with the Government of India’s vision to scale solar adoption under the Pradhan Mantri Surya Ghar Yojana, with initiatives like the Ghar Ghar Solar campaign driving awareness and adoption.
The market context for TPREL’s achievements is significant, as the company contributes to India’s clean energy goals. The company’s efforts support the country’s ambition of achieving 500 GW of non-fossil fuel capacity by 2030 and progressing towards net-zero emissions by 2070. TPREL’s comprehensive, end-to-end rooftop solar solutions, supported by a network of 650+ channel partners, ensure scale, consistency, and reliability in deployment.
Tata Power Company Ltd is a leading integrated power company and part of the Tata Group, India’s largest multinational business conglomerate. The company owns a diversified portfolio of 15.9 GW, spanning renewable and conventional energy generation, transmission, distribution, trading, storage solutions, and solar cell and module manufacturing. Committed to achieving Net Zero by 2045, Tata Power serves approximately 13 million customers nationwide.