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Tata Power shares in focus on partnering with Amazon Web Services for energy transition in India

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February 21, 2025
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The shares of Tata Power will be in focus on Friday after announcing their partnership with Amazon Web Services to embark on a data-driven transformation to accelerate the country’s energy transition.

“Tata Power- one of India’s largest integrated power companies with presence across T&D, Generation, Trading, Renewables (including Manufacturing), and Energy as a Service (EaaS) – has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country’s transition to a greener, smarter, and more consumer-centric energy ecosystem,” Tata Power informed via a regulatory filing.

Tata Power has already laid a robust digital foundation by migrating 23 mission-critical applications to AWS using Amazon Elastic Kubernetes Service (EKS).

This shift enhances scalability, security, and real-time operational efficiency across key areas such as power generation, renewables, grid management, sales, and finance. Additionally, the company has adopted a server-less architecture with AWS Step Functions, optimizing energy transactions and grid operations in response to fluctuating demand patterns, Tata Power further informed.

By integrating a cloud-first digital infrastructure, Tata Power is accelerating India’s clean energy shift while setting a global benchmark for sustainable, data-driven power utilities that keep customer empowerment at their core. This collaboration with AWS marks a significant step in redefining energy management for a net-zero future, reinforcing Tata Power’s leadership in smart and sustainable energy solutions.

“At the core of this transformation are two specialized data lakes dedicated to power generation and renewables, which ingest real-time data from solar farms, wind assets, smart meters, and Industrial IoT devices. Using AWS Glue, Tata Power integrates these vast datasets into Amazon Simple Storage Service (S3), unlocking AI-powered analytics for predictive maintenance, grid optimization, and demand forecasting,” the company stated.This digital transformation aims to translate into tangible benefits for both businesses and consumers, making Tata Power a preferred partner of choice for clean and efficient energy solutions. AI-driven insights enable faster outage detection, improved grid stability, and personalized energy recommendations, resulting in cost savings, enhanced reliability, and an accelerated transition to renewables.Tata Power shares closed 3% higher at Rs 357.95 on the BSE in the previous trading session.

Also read: Silver shines as gold’s record run pushes investors to seek better value

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Tags: AI-powered analyticsAmazonAmazon Web Servicesdata-driven transformationEnergyenergy transitionFocusIndiamarkets newspartneringPowerRenewable EnergyservicessharesTataTata Powertata power share pricetata power sharestata power stocktransitionWeb
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