Mumbai: Tata Power set out plans to nearly double net profit and lift revenue by more than half by FY2030, as the 116-year-old utility accelerates a capital-intensive push into clean energy and grid expansion. It is targeting Rs 10,000 crore in net earnings and Rs 1 lakh crore in revenue by the end of the decade, chairman N Chandrasekaran told shareholders at the annual general meeting on Tuesday.

Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power…

Mumbai: Tata Power set out plans to nearly double net profit and lift revenue by more than half by FY2030, as the 116-year-old utility accelerates a capital-intensive push into…