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Tata Power Co. Ltd Capital/Financing Update 2024

Nov 7, 2024

60774_rns_2024-11-07_318fe0f6-b366-4ba5-a678-a96878a376c9.pdf

Capital/Financing Update

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November 7, 2024

BSE Limited Corporate Relationship Department 1st Floor, New Trading Ring, Rotunda Bldg., P. J. Towers, Dalal Street, Fort, Mumbai 400 001. Scrip Code: 500400

National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051. Symbol: TATAPOWER

Dear Sir/Madam,

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Yamuna International Airport Private Limited (YIAPL), a wholly-owned subsidiary of Zurich Airport International AG, developed in close partnership with the Government of Uttar Pradesh and the Government of India, has selected The Tata Power Company Limited (Tata Power) to meet a substantial portion of the Noida International Airport's (NIA) energy requirements through renewable sources. Additionally, YIAPL has engaged Tata Power for the development of dry utilities (electrical infrastructure) for the airport and its operation and maintenance for a 25-year term.

The details pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (‘SEBI Circular’) are as follows:

Sl.
No.
Particulars Description
1. Name of the entity awarding the order(s) /
contract(s);
Yamuna International Airport Private Limited
(YIAPL).
2. Significant
terms
and
conditions
of
order(s)/contract(s) awarded in brief;
The contract includes the supply of solar and
wind power to Noida International Airport,
aiming to meet majority of the airport’s energy
requirements through renewable sources.
This includes the development, operation, and
maintenance of a 13 MW onsite solar project
by Tata Power Renewable Energy Limited
(TPREL) and a 10.8 MW offsite wind power
project through a Power Purchase Agreement
facilitated by Tata Power Trading Company
Limited (TPTCL). The Tata Power Company
Limited (Tata Power) will also develop,
operate and maintain essential Dry utilities
(Electrical infrastructure) for a period of 25
years.
3. Whether order(s) / contract(s) have been
awarded by domestic/internationalentity;
Domestic Entity
4. Nature of order(s) / contract(s); Long-term renewable energy supply and
infrastructure development contract for airport
operations, inclusive of renewable power and
dry utilityinfrastructure.
5. Whether Domestic or International Domestic

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6. Time period by which the
order(s)/contract(s) is to be executed;
Initial renewable energy project setup is
expected within 6 months, followed by 25
years ofongoing operationandmaintenance.
7. Broad
consideration
or
size
of
the
order(s)/contract(s);
Approximately ₹550 crore (~$66 million) for
Development of Dry Utilities (Electrical
Infrastructure) and Renewable projects
8. Whether the promoter/ promoter group /
group companies have any interest in the
entity that awarded the order(s)/contract(s)?
If yes, nature of interest and details thereof;
Not Applicable
9. Whether the order(s)/contract(s) would fall
within related party transactions? If yes,
whether the same is done at “arm’s length”.
Not Applicable

The above information is being made available on the website of the Company: www.tatapower.com.

This is for your information and records.

Yours Sincerely, For The Tata Power Company Limited VISPI Digitally signed by VISPI SAROSH SAROSH PATEL PATEL Date: 2024.11.07 12:53:15 +05'30'

Vispi S. Patel Company Secretary FCS 7021

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