TATAPOWER

**Capex, Orders & Business Updates** **

:** Selected Odisha for a **₹6,675 crore** ingot-wafer manufacturing plant and expects renewable energy capacity to exceed **9 GW** by FY27-end, while targeting **60–70% growth** in its rooftop solar business this year. **Impact:** **Positive;** strengthens its renewable energy ecosystem and long-term growth outlook. ** !L&T :** Secured an **Ultra Mega Contract** worth **over ₹15,000 crore** for a **2 GW offshore wind programme** and signed a framework agreement with **TenneT**. **Impact:** **Strongly Positive;** significantly boosts the order book and reinforces L&T's leadership in global clean energy infrastructure. ** :** Targets **8 million tonnes** of iron ore sales in FY27, with volumes expected to double, supported by higher production from Odisha mines and contributions from newly auctioned Chhattisgarh mines. **Impact:** **Positive;** higher iron ore sales are expected to improve revenue and support margin expansion.