CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tata Power is to spend how many Crore in 5 years on renewables?
A
Rs.75, 000 Cr
B
Rs.70, 000 Cr
C
Rs.80, 000 Cr
D
Rs.65, 000 Cr
Explanation: 

Detailed explanation-1: -Tata Power Company Ltd will spend Rs 75,000 crore to expand capacity in its renewable business, the company said today.

Detailed explanation-2: -Tata Power, the integrated power company of the Tata Group, is looking to take its renewable energy capacity to 25 gigawatt by 2030 - a near 5x increase from the current 5.6 GW - which will be primary driven by solar sector.

Detailed explanation-3: -With this win, the total renewables capacity of TPREL reaches 6,048 MW with an installed capacity of 3,884 MW (Solar - 2,956 MW & Wind - 928 MW) and 2,164 MW under various stages of implementation.

Detailed explanation-4: -TATA Power Share Price Target 2045 Minimum Share Price will be ₹1979.38 and maximum share price will be ₹1984.952. TATA Power Share price forecast will be ₹1982.166 for the year 2045.

Detailed explanation-5: -Tata Power subsidiary raises Rs 2,000 crore in green energy push | Business Standard News.

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