Tata Power Renewable Energy Limited

Renewable energy company with 2.6 GW operating capacity and 1.3 GW under construction.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: July 15, 2024

Tata Power Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 4,500.00 Cr
  • Paid Up Capital ₹ 1,463.10 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,086.00 Cr
  • Satisfied Charges ₹ 3,756.68 Cr
  • Revenue Growth 19.20%
  • Profit Growth -49.17%
  • Ebitda 4.83%
  • Net Worth 101.84%
  • Total Assets 44.25%

About Tata Power Renewable Energy

Tata Power Renewable Energy Limited (TPREL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 March 2007 and has a history of 17 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Industrial Power Infrastructure Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4,500.00 Cr and a paid-up capital of Rs 1,463.10 Cr.

The company currently has active open charges totaling ₹10,086.00 Cr. The company has closed loans amounting to ₹3,756.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tata Power Renewable Energy Limited India are Deepesh Nanda as Ceo, Amit Mimani as Cfo, and Jeraz Mahernosh as Company Secretary. Anjali Bansal, Rajiv Mehrishi, Praveer Sinha, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40108MH2007PLC168314

  • Company No.

    168314

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2007

  • Date of AGM

    10 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Tata Power Renewable Energy?

Executive Team (4)

NameDesignationAppointment DateStatus
Deepesh Nanda Country flag representing In Managing DirectorCurrent
Deepesh Nanda CEOCurrent
Amit Mimani CFO20-Jul-2023Current
Jeraz Mahernosh Country flag representing In Company Secretary09-Aug-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Seethapathy Chander Country flag representing In Director 05-May-2023Current
Saurabh Agrawal Country flag representing In Director 18-Oct-2022Current
Praveer Sinha Country flag representing In Director 07-May-2018Current
Nishi Vasudeva Country flag representing In Additional Director 04-Apr-2024Current
Anjali Bansal Country flag representing In Director 19-Jul-2018Current
Rajiv Mehrishi Country flag representing In Director 18-Oct-2022Current

Financial Performance of Tata Power Renewable Energy.

Tata Power Renewable Energy Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.2% increase. The company also saw a substantial fall in profitability, with a 49.17% decrease in profit. The company's net worth Soared by an impressive increase of 101.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
19.20%
Revenue from Operations
14.63%
Total Assets
44.25%
Profit or Loss
-49.17%
Net Worth
101.84%
EBITDA
4.83%

What is the Ownership and Shareholding Structure of Tata Power Renewable Energy?

In 2023, Tata Power Renewable Energy had a promoter holding of 93.94% and a public holding of 6.06%. The company had 50 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,086.00 Cr

Satisfied Charges

₹3,756.68 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3000.00 Cr
  • Axis Bank Limited : 2827.50 Cr
  • Others : 2308.50 Cr
  • Sbicap Trustee Company Limited : 1950.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Axis Bank Limited₹827.50 CrOpen
23 Jun 2023Others₹400.00 CrOpen
14 Dec 2022Sbicap Trustee Company Limited₹650.00 CrOpen
17 Oct 2022Axis Bank Limited₹1,000.00 CrOpen
29 Jun 2022Hdfc Bank Limited₹900.00 CrOpen

How Many Employees Work at Tata Power Renewable Energy?

Tata Power Renewable Energy has a workforce of 476 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Power Renewable Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tata Power Renewable Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tata Power Renewable Energy

Recent activity within the organization

  • Director Appointment

    Nishi Vasudeva was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 10 months 18 days .

    04 Apr 2024

  • Charges

    A charge registered on 27 Feb 2019 via Charge ID 100263596 with Axis Bank Limited was fully satisfied on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge registered on 24 Nov 2017 via Charge ID 100146797 with Axis Bank Limited was fully satisfied on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 827.50 Cr with Charge ID 100879350 was registered on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    Tata Power Renewable Energy Limited last Annual general meeting of members was held on 10 Jul 2023 as per latest MCA records.

    10 Jul 2023

  • Charges

    A charge registered on 27 Jul 2015 via Charge ID 10587057 with Others was fully satisfied on 03 Jul 2023.

    03 Jul 2023

Frequently asked questions

  • Tata Power Renewable Energy Limited was incorporated on 02 Mar 2007.

  • The authorized share capital of Tata Power Renewable Energy Limited is ₹ 4,500.00 Cr and paid-up capital is ₹ 1,463.10 Cr.

  • Currently 11 directors are associated with Tata Power Renewable Energy Limited.

    • Anjali Bansal
    • Rajiv Mehrishi
    • Praveer Sinha
    • Saurabh Mahesh Agrawal
    • Seethapathy Chander
    • Nishi Vasudeva
    • Deepesh Kiranchandra Nanda
    • Edward Winter
    • Deepesh Kiran Nanda
    • Amit Mimani
    • Jeraz Eruch Mahernosh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Power Renewable Energy Limited is C/O The Tata Power Company Ltd. Corpora, A Block 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Tata Power Renewable Energy Limited is U40108MH2007PLC168314 and the company number is 168314 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Power Renewable Energy Limited is https://www.tatapowerrenewables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Power Renewable Energy Limited has risen by 19.20%.

  • As Per 2023 financial reports, 476 employees are currently employed by Tata Power Renewable Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Power Renewable Energy Limited has experienced an upsurge of 101.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tata Power Renewable Energy Limited amount to ₹ 10,086.00 Cr.

  • The most recent Balance Sheet for Tata Power Renewable Energy Limited was filed with the ROC on 31 Mar 2023.

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