Tata Power shares jumped more than 3% after Central Electricity Authority approved a 1,000 MW pumped storage project in Maharashtra.
According to the Power Ministry, this approval would accelerate the integration of renewable energy as well as the transition to a greener energy system.
Tata Power Company witnessed a dynamic trading session today, opening at Rs 444.95. The stock reached a high of Rs 458.85 and a low of Rs 444.50. Investors remain optimistic about the company’s prospects amid ongoing developments in renewable energy initiatives, signalling confidence in Tata Power’s strategic direction and market positioning.
As of 10:02 am, Tata Power shares were trading 3.20% higher at Rs 458.35 on the NSE.
