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Tata Power secures 40-year SECI contract for 324 MW project

after close1 source ↓written by the desknot a recommendation

India
324 MW pumped storage plant
guarantees an annual
40-year agreement
fixed charge
₹3,513 mn
translating
₹10.84 mn per MW
be commissioned
36 months

Tata Power Company Limited has received a Letter of Award from the Solar Energy Corporation of India for a 324 MW pumped storage plant. The 40-year agreement guarantees an annual fixed charge of ₹3,513 mn, translating to ₹10.84 mn per MW. The project aims to enhance energy storage capabilities and is to be commissioned within 36 months.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Jul 2026, 16:04 IST.

Sourcesnews.google.com

The market after the news

TATAPOWER closed −0.5% on the day of the news, from ₹376.15 to ₹374.40; Nifty −0.4% over the same session; futures OI −0.1%.

Bulletin at 16:04 IST on 23 Jul 2026. Every change is measured from ₹376.15, the last close before it, on 23 Jul. Nifty 50 is measured over the same sessions.

  • TATAPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TATAPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it342.45376.15409.85axis spans 20%before the news · 23 Jul376.15Nifty 50TATAPOWERbulletinD0+1+3+517 Jul29 Jul7 AugFutures open interest, lotspeak 51,000Reference close ₹376.15. 16 sessions from 17 Jul to 7 Aug; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Jul₹376.15basebase
On the day24 Jul₹374.40▼ −0.5%▼ −0.4%0.0 pp difference
+1 session27 Jul₹377.35▲ +0.3%▲ +0.5%−0.2 pp difference
+3 sessions29 Jul₹377.25▲ +0.3%▲ +1.6%−1.3 pp difference
+5 sessions31 Jul₹380.70▲ +1.2%▲ +2.1%−0.9 pp difference
Gap at the open, % · ₹
▼ −0.7%−2.75 on 24 Jul
Day's range, % · ₹
1.2%≈ 4.4 high to low
Volume on the day
0.38×the 20-session average
Futures OI on the day
▼ −0.1%−33 lots · long unwinding · price −0.5%
Futures OI open, lots
48,00024 Jul · 28 Jul expiry
Futures premium, ₹
+0.30+0.1% to spot
Puts per call, by OI
0.94from 0.94 the session before
Max pain
390from 390 the session before

Source NSE UDiFF bhavcopy · TATAPOWER on the desk →

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