Petition filed by Tata Power Company Ltd.-Distribution seeking declaration that the letters issued by the State Transmission Utility regarding grant of grid connectivity to M/s. Bharat Petroleum Corporation. For more information please see below link:
MoU signed to facilitate pursuit of advanced research to future technological projects and campus recruitment opportunities to IIT-M postgraduate students Mumbai & Chennai, 6th December : Tata Power, one of India’s largest integrated power companies and Indian Institute of Technology Madras (IITM), the country’s well-known technical and research university, will collaborate in areas of research […]
A rising demand for sustainable transport infrastructure has resulted in an increasing number of hospitality brands investing in electric vehicle (EV) charging points, a statement said. Tata Power has collaborated with ama Stays & Trails, India’s first branded homestay portfolio by Indian Hotels Company Ltd, to set up EV charging stations at over 30 of […]
To set up 100 MW EPC Solar Project along with 120 MWh Battery Energy Storage System for SECI at Chattisgarh Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly owned subsidiary of Tata Power, has received Letter of Award (‘LoA’) from Solar Energy Corporation of India Ltd. (SECI) […]
Singapore : Moody’s Investors Service has assigned a Ba2 corporate family rating to Tata Power Company Limited (The) (Tata Power). The outlook is stable. RATINGS RATIONALE “The Ba2 corporate family rating assigned to Tata Power reflects the company’s (1) predictable cash flow from its regulated business, (2) exposure to thermal coal prices for its Mundra […]
Helping customers save up to 10%-15% on energy bill Tata Power is offering energy audit service to its commercial and industrial (C&I) customers in Mumbai. The company has conducted more than 150 energy audits, enabling them to achieve high level of energy efficiency. This initiative is in line with the company’s commitment towards conservation and […]
Shares of Tata Power Co. jumped for the sixth straight session even as two brokerages downgraded the stock citing valuations. Citi and CLSA reduced the rating on Tata Power to ‘sell’ on Monday. Still, the shares of Tata Power continue to rally. The stock has risen 13.12% in the last six trading sessions compared with […]
This is contrary to its earlier plan to merge it with itself through a postal ballot notice Tata Power will seek shareholders nod to amend a scheme of arrangement to keep Tata Power Solar Systems Ltd (TPSSL) as an independent entity, contrary to its earlier plan to merge it with itself through a postal ballot […]
Higher cost of power purchased for the distribution business impacted Tata Power’s operating margins for the second quarter, leading to a drop of 700 basis points on year to 16.95%. Tata Power Company’s consolidated operating profit for the July-September quarter dropped 16.22% year-on-year (YoY) to Rs 1,663.64 crore, led by higher losses at the Mundra […]