Tata Power’s good Q1FY25 results + Tailwinds in Push from government in Solar Rooftops!💹
Profit came in at INR 10bn,⬆️+31% YoY
Good performance led by
a) Mundra (in Gujarat) operating on cost plus under emergency clauses
b) Sharp improvement in contribution from Tata Projects and
c) Coal continuing to be a drag due to weakness in international coal prices
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