Page 48 - TCE Annual Report 2024-2025

Overview Leadership Messages Governance Strategic Insights Business Review People & Community

Sector
Power

Business Review

With over six decades of engineering excellence, the Power Business Unit (PBU) of Tata Consulting
Engineers continues to be a key contributor to India’s energy infrastructure and a trusted partner
globally. The unit has designed over 300 gigawatts of power generation capacity spanning thermal,
nuclear, hydro, and renewable sources. It has engineered more than 85 per cent of the country’s
civilian nuclear infrastructure, over 12,000 circuit kilometres of transmission and distribution lines, and
more than 250 substations. PBU operates across the entire electricity value chain, offering end-to-
end services that include feasibility studies, basic and detailed engineering, procurement support,
inspection, construction supervision, and commissioning assistance. The unit also provides asset
sustenance services to optimise plant operations and improve performance over time.

Industry Trends and Market Outlook
The global power sector is undergoing a period of
2024-25 Performance profound change as nations balance rising energy
Highlights demand with decarbonisation goals. India is at the heart
of this shift. As one of the fastest-growing economies,
the country’s electricity consumption is projected
to triple by 2040, driving significant investment in
generation, transmission, and storage.

The thermal power segment continues to play a crucial
21% share in total role in meeting India’s baseload requirements. The
revenue
Government of India has announced major investments
in supercritical and ultra-supercritical technologies,
targeting 80 gigawatts of new coal-fired capacity by
2032. These plants are designed to be more efficient and
26% share in total environmentally responsible. At the same time, existing
assets are being modernised for flexible operations,
acquisition
with co-firing options for biomass, green hydrogen, and
ammonia, supported by growing initiatives in carbon
capture and utilisation.
1096 workforce on Nuclear power is regaining strategic momentum.
31st March 2025
India aims to develop fleet-mode reactors to deliver
100 gigawatts of nuclear capacity by 2047. Globally,
interest in Small Modular Reactors (SMRs) is rising, and
India has launched the Bharat Small Reactor initiative
1,259 crore worth value to enable private sector participation. Nuclear energy
is increasingly recognised as a clean and dependable
engineering for customer
contributor to the energy mix.

48 | 26 Annual Report 2024-25
th