TATA POWER TO SET UP NEW SOLAR MANUFACTURING FACILITY IN ODISHA

will set up a new solar manufacturing project in Odisha in the coming months as it steps up investments across the clean energy value chain. The company has crossed 26 GW of generation capacity, including projects under development, and currently 66% of it's portfolio is clean and green. During FY26, it commissioned around 2.5 GW of renewable energy projects and has another 5.1 GW under execution. It is also expanding it's energy storage portfolio through the 1,000 MW Bhivpuri and 1,800 MW Shirwata pumped storage projects. Having a market cap of Rs 1.20 lakh crore, the stock is currently trading at a fair P/E value of 31 and P/BV of 3.0. The company has been maintaining a healthy dividend payout of 18.9% thereby making it a good investment opportunity for regular returns.