Tata Power has approached Gujarat Urja Vikas Nigam (GUVNL) to buy 51 per cent equity in the 4,000 Mw Mundra Ultra Mega Power Project (UMPP) for Rs 1.
The National Thermal Power Corporation (NTPC) of India has recently revealed that India now hosts solar power capacity worth 845 MW, after the recent addition of the 225 MW Mandsaur Solar Power Project- a 250 MW solar farm located in Madhya Pradesh.
Tata Power Company gained 3.97% to Rs 81.10 at 14:40 IST on BSE after reports suggesting that the company is expected to dilute its stake in Indian Energy Exchange through initial public offering.
Tata Power today said its strategic engineering division has won a pilot project order from the home ministry to supply Comprehensive Integrated Border Management System (CIBMS) to Border Security Force (BSF).
Tata Power shares gained as much as 4 percent in morning trade Tuesday as the company is expected to dilute its stake in Indian Energy Exchange through initial public offering.
The government may be pushing for aggressive expansion in renewable energy capacity, but companies face delays in payments, which are sometimes as much as a year,
Tata Power’s distribution arm TP Ajmer Distribution Limited signs Distribution Franchisee Agreement (DFA) with Ajmer Vidyut Vitran Nigam Limited (AVVNL)
Tata Power, India’s largest integrated power company and leading power distribution company in Mumbai as well as in Delhi, through its subsidiary Tata Power Delhi Distribution Limited, today, announced that it has signed a Distribution Franchisee Agreement (DFA) with Ajmer Vidyut Vitran Nigam Limited (AVVNL) to cater to the power requirements of customers in Ajmer for a period of 20 years.
Tata Power as part of its Demand Side Management initiatives, launched super-efficient ceiling fan programme for residential consumers in Mumbai.
Saurabh Agrawal, the newly appointed group chief financial officer of Tata Sons Ltd who is known for his investment banking acumen, may find in Tata Power Co. Ltd an ideal candidate for a restructuring exercise.
Tata Power, India’s largest integrated power company announced that its Renewable business registered a healthy profit while surpassing the 2000 MW operating capacity mark with another about 500 MW under construction.