Tata Power Targets ₹30,000 Cr EBITDA by FY30, Plans Massive Capacity Expansion

• Tata Power aims to double EBITDA to ₹30,000 crore by FY30 through aggressive expansion.
• Targets increasing total capacity from 16 GW to 30 GW by 2030, with renewables reaching 20 GW.
• Plans significant growth in transmission (10,000 circuit km) and distribution (4 crore customers).
• Investing ₹6,500 crore in a new 10 GW ingot and wafer manufacturing facility.
• Brokerages like Motilal Oswal and ICICI Securities maintain 'Buy' ratings on the stock.

Why It Matters: Tata Power sets ambitious FY30 goals, focusing on renewables and infrastructure for growth.