Tata Power rose 2.93% to Rs 54.45 after the company said it has made an application to Sebi for an in-principle approval for creation of the Infrastructure Investment Trust (InvIT). As part of its growth strategy, Tata Power has taken several steps to deleverage the balance sheet and improve the capital structure including creation of […]
Tata Power to develop 100 MW solar project in Gujarat
Tata Power won this capacity in a bid announced by GUVNL in March. The project has to be commissioned within 15 months from the date of execution of power purchase agreement Mumbai: Tata Power has got a letter of award from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop a 100 megawatt solar project in […]
Massive power outage in Mumbai leaves trains stuck on tracks ; services resume partially
Railway services across city on the Western Railway and Central Railway came to a grinding halt at 1005 hrs as a result of the power outage, with both the networks blaming power cut from Tata Power (their power supplier) for it Mumbai: Train services came to a halt, homes and businesses were without electricity and […]
Case of Tata Power for review of the Commission’s Order
Case of Tata Power Company Limited for review of the Commission� s Order in Case No.7 of 2002 and in MA Application 39 of 2019 AND Miscellaneous Application No. 41 of 2020 in Case No. 69 of 2020 filed by The Tata Power Company Limited (Distribution) For more information please see below link:
IHCL joins hands with Tata Power for supply of solar energy to Mumbai hotels
“This initiative is in line with the company’s focus on adopting sustainable and cost-efficient business practices, while leveraging group-wide synergies and competencies,” IHCL managing director and chief executive Puneet Chhatwal said. The company is pleased to collaborate with Tata Power, which is a leader in clean energy generation, he added. ew Delhi, Aug 17 (PTI) […]
TATA POWER ANNOUNCES Q1 FY 2020-21 RESULTS
TATA POWER ANNOUNCES Q1 FY 2020-21 RESULTS For more information please see below link:
Approval for 225 MW on long term basis from grid connected Wind-Solar Hybrid power project
Case of The Tata Power Company Ltd. – Distribution, seeking adoption of tariff discovered through Competitive Bidding Process for procurement of 225 MW grid connected Wind-Solar Hybrid capacity on long term basis to meet its Renewable Purchase Obligation. Approval for 225 MW on long term basis from grid connected Wind-Solar Hybrid power project as […]
Tata Power’s renewable InvIT may help cut debt by Rs 20,000 crore
Tata Power has already shortlisted seven investors – including Mubadala, KKR, Brookfield, Petronas and Canadian pension fund CDPQ – to negotiate to raise investment in its InvIT Tata Power Company Ltd (TPCL), India’s oldest power generation company, targets to drastically cut its gross debt, launching infrastructure investment trust (InvIT) in the second half of this […]
Mumbai: Tata Power to develop 225 MW hybrid renewable power project
Mumbai (Maharashtra) [India]: Tata Power Green Energy Ltd (TPGEL) has received a letter of award from Tata Power Mumbai Distribution to develop a 225 megawatt hybrid renewable project Mumbai (Maharashtra): Tata Power Green Energy Ltd (TPGEL) has received a letter of award from Tata Power Mumbai Distribution to develop a 225 megawatt hybrid renewable project. […]
Tata Power to raise Rs 2,600 crore from Tata Sons; share sale at 15% premium
The power generation and distribution company said it will allot 49,05,66,037 shares to Tata Sons at Rs 53 per share, meaning a premium of 15 per cent from the last close. NEW DELHI: Tata PowerNSE 8.03 % on Thursday said it will raise Rs 2,600 crore from Tata Sons by allotting shares on a preferential […]