Tata Power, one of India’s largest integrated power companies, is spearheading a digital transformation in collaboration with Amazon Web Services (AWS) to accelerate India’s transition to a sustainable and consumer-centric energy ecosystem. By leveraging advanced cloud computing, AI, and IoT, Tata Power is enhancing operational efficiency, strengthening grid resilience, and empowering consumers to be active participants in the clean energy revolution.
India is projected to lead global energy demand growth over the next two decades, and Tata Power is at the forefront of this transformation. The company has migrated 23 mission-critical applications to AWS, utilizing Amazon Elastic Kubernetes Service (EKS) to enhance scalability, security, and real-time efficiency across power generation, renewables, and grid management. A serverless architecture with AWS Step Functions is further optimizing energy transactions and demand-based grid operations.
At the heart of this transformation are two dedicated data lakes that aggregate real-time data from solar farms, wind assets, smart meters, and Industrial IoT devices. AWS Glue integrates these datasets into Amazon S3, unlocking AI-driven insights for predictive maintenance, grid optimization, and demand forecasting. This modernization is improving outage detection, grid stability, and energy efficiency, leading to cost savings and an accelerated shift to renewables.
Tata Power’s innovations extend across power generation, grid modernization, and consumer solutions. AI-powered predictive maintenance is optimizing plant efficiency, while smart IoT integration is reducing downtime and enhancing supply-demand balance. Consumer-centric solutions, including Home Automation and blockchain-based energy transactions, are empowering users with real-time energy management.
Tata Power brokerage view on stock
HSBC has recently upgraded Tata Power from ‘Reduce’ to ‘Hold,’ raising the target price to ₹345 from ₹300. The revision reflects the company’s improving execution despite a weak macroeconomic environment. Tata Power has made significant progress in module and cell manufacturing and has seen a turnaround in its EPC business. However, the pace of renewable energy project commissioning still requires acceleration.
The stock has faced corrections due to weak power demand, slow power purchase agreement (PPA) progress, delayed discom privatization, and project execution challenges. While these factors continue to weigh on its outlook, HSBC has raised Tata Power’s FY25-26 earnings per share (EPS) estimates by 9-13%. Despite these positive adjustments, the firm does not foresee any major catalysts for the stock in the medium term.
