Tata Power MD & CEO Praveen Sinha discussed Section 11 extension under Electricity Act, power demand growth, and renewable expansion plans in an NDTV Profit interview

Mon 28 Sep 2026

Heard on Live television at 13:14:22 IST.

• Section 11 extended due to nearly 10-11% monthly power demand increase since May, driven by weak monsoon and heat
• Mundra plant, a low-cost supplier to five states, has finalized SPPA with Gujarat for about 50% of PPA procurement, with advanced discussions ongoing with other states
• Expects FY27 power demand to grow 8-10% versus normal 5-6% annual increase, driven by festive season
• Renewable capacity addition in India was ~53 GW last year, expected ~60 GW this year; Tata Power plans 2.5 GW capacity addition this year, with projects to be commissioned across Q3 and Q4
• Company is implementing pump storage projects, with the first coming online in FY29, alongside solar, wind and battery storage mix

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