Tata Power plans to hike FY25 capex to Rs 20k cr vs Rs 12,000 cr last year
Wed, May 8, 2024 9:45 PM

Tata Power plans to hike FY25 capex to Rs 20k cr vs Rs 12,000 cr last year

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Tata Power plans to increase its capital expenditure to Rs 20,000 crore for the financial year 2024-25, CEO and MD Praveer Sinha said in a media call on May 8. The capex for FY25 would be an increase of over 65 percent from the last year, as the company spent Rs 12,000 crore in FY24.Sinha said about 50 percent of the total capex would be used for renewables, while the balance would be utilised.

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