Dear Stakeholders,
FY2026 has been a very challenging year for Tata Projects Limited. The global environment saw geopolitical shifts, supply-chain realignments, cost volatility and an accelerated push towards energy transition and climate resilience, alongside increasing fragmentation in global trade and a sharper focus on resilient, localised infrastructure ecosystems.
Against this backdrop, the vision of “Building India’s Modern Foundations” has become increasingly relevant — creating resilient, future-ready infrastructure that drives growth and sustainability. The global EPC landscape continues to evolve, with growing emphasis on digitalisation, modular construction, execution certainty and sustainable project delivery.
Tata Projects operates at the intersection of these shifts, with strong capabilities across transportation, energy, water, advanced technology facilities, petrochemicals and urban infrastructure. Our work directly supports India’s development priorities — enhancing connectivity, enabling industrial growth and contributing to a cleaner energy future.
India remains one of the world’s most compelling infrastructure markets, supported by sustained public investment and initiatives alongside rising private sector participation. As infrastructure demands scale and complexity increase, success will depend on engineering excellence, technology adoption, sustainability and disciplined execution.
Tata Projects is well positioned to participate in this transformation. The Company provides ready-to-deploy solutions across semiconductor facilities, giga factories, data centres, refineries, green fuels, roads, bridges, integrated rail and metro systems, commercial buildings, airports, power generation, transmission and distribution, water and waste management. Our ability to provide integrated services across the project lifecycle — from conceptualisation to engineering, procurement, construction, commissioning, operations, repairs and maintenance — continues to strengthen our value proposition to customers seeking reliable and accountable delivery partners.
Tata Projects strengthened its position in aviation infrastructure by signing an exclusive MoU with ASI Global to design and construct aircraft maintenance and hangar facilities in India, combining its EPC expertise with advanced modular and structural technologies to deliver turnkey MRO solutions — critical for supporting the country’s rapidly expanding aviation sector. During the year, the Company also achieved significant milestones, most notably the successful delivery of Phase 1 of Noida International Airport ahead of its commercial launch. This phase comprises Terminal 1 spanning over one Lakh square metres with capacity for 12 Million passengers annually, a 3,900-metre runway capable of handling wide-body aircraft, a cargo terminal, ATC tower and extensive airside and landside infrastructure — executed with a strong focus on safety, achieving over 85 Million safe man-hours with a workforce exceeding 1,00,000 people.
FY2026 also saw Tata Projects further strengthen its role in future-facing sectors linked to the energy transition. The Company was selected by SAF One Energy Management Limited as EPC partner for a HEFA-based Sustainable Aviation Fuel project in the Middle East. The project will convert used cooking oil and other waste oils and fats into Sustainable Aviation Fuel, supporting low-carbon aviation and reducing dependence on conventional fossil-based jet fuel. Tata Projects’ role includes overall project integration, constructability-driven design development and execution readiness, using standardised designs, advanced construction methodologies and modular execution strategies to improve schedule predictability and capital efficiency.
The Company continued to strengthen its presence in sustainable urban development through an MoU with numerous partners for marquee projects to enhance construction efficiency and scalability, starting with Mahindra Lifespace, Microsoft, Google, and group projects such as Indian Hotels, Agratas, Air India, Tata Electronics, and Tata Power, to name a few. The partnership focuses on advanced construction technologies, sustainable materials and digital project management to ensure timely delivery, quality and a reduced carbon footprint — reflecting our commitment to efficient, technology-led and environmentally responsible urban growth.
In the built infrastructure space, Tata Projects was awarded a construction contract worth over ₹800 Crore by Experion Developers for The Trillion, a flagship high-rise residential project in Gurugram. Spanning ~2.5 Million sq. ft., with 45-storey towers and a total investment of ~₹2,500 Crore, the project underscores our capability to deliver complex, large-scale, high-quality developments.
Excellence, safety, sustainability and people remain central to Tata Projects’ long-term competitiveness. Guided by our “Simplify” and “Create” philosophies, we help customers navigate complexity through engineering expertise, digital project management and advanced construction practices that enhance productivity, transparency and timely delivery. The commitment to “zero harm” is unwavering, with safety embedded across systems, operations and leadership focus. Sustainability is integral to the growth, aligned with India’s climate ambitions and the Tata Group’s Project Aalingana, as it expands capabilities across clean energy, green infrastructure, water, waste and sustainable urban development. Above all, the people — guided by Tata values — remain the greatest strength, with continued focus on capability building, digital skills and an inclusive culture. As it moves forward, it remains committed to disciplined execution, customer centricity, technology-led productivity and creating future-ready infrastructure that contributes meaningfully to India’s development journey.
In FY2026, Tata Projects advanced its digital journey by embedding technology as a core driver of project delivery and competitiveness. The transformation of its Digital & IT function into a strategic enabler was reinforced through a strong enterprise digital foundation, including an integrated ERP system that delivers real-time visibility and governance across operations. Scaled deployment of digital project delivery, supported by model-based workflows, connected construction platforms and advanced analytics, enhanced execution efficiency and decision-making. Concurrently, disciplined, ROI-driven adoption of AI solutions, along with strengthened cybersecurity and data governance, has enabled a shift towards a predictive, insights-led organisation. Together, these initiatives are creating a robust “digital nervous system”, seamlessly integrating technology into how Tata Projects designs, delivers and manages complex infrastructure.
Looking ahead, the opportunity landscape remains encouraging. India’s infrastructure pipeline, the expansion of aviation and urban mobility, manufacturing-led growth, data infrastructure, water security, logistics modernisation, sustainable cities and the global energy transition will create significant opportunities for capable EPC companies. Tata Projects’ strategic focus on complex, technology-led and sustainability-oriented projects positions the Company well for the future.
On behalf of the Board, I thank our customers, employees, partners, suppliers, shareholders and all stakeholders for their continued trust and support. I also thank the management team for their commitment and perseverance. Together, we will continue to build infrastructure that strengthens the nation, transforms lives and supports a more sustainable future.
Warm regards,
Dr. Praveer Sinha
Chairman