Domestic, rural consumers also driving power demand: Tata Power CEO

In the last two years, the CAGR growth is nearly 10 percent, which is phenomenal in the sense that earlier the growth used to be in the range of 5- 6 percent, Praveer Sinha said

Praveer Sinha, Tata Power CEO and MD
Premium

Praveer Sinha, managing director and chief executive officer for Tata Power

Amritha Pillay Mumbai

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Praveer Sinha, the chief executive officer and managing director of Tata Power is optimistic about India’s power demand growth in the long term. The company will be spending Rs 60,000 crore in the next three financial years, with significant investments in renewables. In a telephonic interview with Amritha Pillay, Sinha discusses the company’s plans for coal mines, as it makes a concerted push towards carbon net zero.

What are the opportunities and challenges in India’s power demand?

Over the past two years, the compound annual growth rate (CAGR) has been nearly 10 per cent, which is phenomenal in the sense

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First Published: Feb 11 2024 | 11:05 PM IST

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