Page 13 - Tata Power

Tata Power subsidiary completes sale of three ships for $212.76 million

Tata Power said the sale proceeds will be used towards reducing the debt as well as to fund growth plans.

Tata Power stock powers up with strategic turnaround, deleveraging plans

Preferential equity issue, non-core asset sale boost sentiment

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Tata Power one step closer to tariff revision at Mundra power plant

Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.

Tata Power subsidiary to develop 100-Mw solar project in Maharashtra

The project is required to be commissioned within 18 months from the date of execution of the PPA

Tata Power to develop 120 MW solar project in Gujarat 300 million kg of CO2

The plant is expected to generate about 300 million units of energy per year and will annually offset nearly 300 million kg of CO2

Tata Power sells shipping assets for $212.76 mn as it seeks to pare debt

In April, Tata Power received $110 Million from sale of its stake in South African joint venture Cennergi, which is to be utilised to repay loans in the June Quarter

Tata Power gains nearly 7% as it completes 51% stake buy in Odisha's TPCODL

TPCODL was incorporated on April 6, 2020 as a wholly-owned subsidiary of GRIDCO Limited (GRIDCO) to carry out the business of Central Electricity Supply Utility of Odisha (CESU).

Reliance Infrastructure removes KPMG from BSES stake sale process

KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself

Leave the PSUs alone for now

Government sell-off is a stimulus for itself and might not work at this juncture

Ministry of Defence inks Rs 1,200 cr contract to boost electronics sector

The deal, Modernisation of Air Field Infrastructure Phase 2 (MAFI-2), follows from an earlier contract, called MAFI-1, which TPSED won in 2011 to upgrade 30 IAF airfields.

Tata Power in focus, advances 7% post March quarter numbers

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter was up 6 per cent at Rs 2,013 crore as compared to Rs 1,901 crore during the previous quarter

Power distribution business to be privatised in Union Territories

Union Territories directly come under the central government. Hence, the path to privatisation is easier

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit

Tata Power, BoB among 6 stocks dropped from MSCI India Domestic Index

MSCI India Domestic Small Cap Index, on the other hand, has seen 52 deletions which include BSE, Venky's India, Jammu & Kashmir Bank, Power Finance Corporation and Dish TV India

Tata Power SED bags Rs 1,200 cr deal to modernise 37 military airfields

The new contract is a continuation of a previous order, must be executed over next four years

Piramal, Tata Motors, Coastal Gujarat to issue NCDs to raise Rs 5,700 crore

Piramal Enterprises's (PEL's) Rs 3,000 crore fundraising is through debentures.

From Tata Power to TVS, over 320 firms queue up for moratorium breather

Piramal, Tata Power, and TVS group units figure in list

Coronavirus impact: India Inc focuses on preserving liquidity amid lockdown

Reputed conglomerates are opting for moratorium on debt servicing

Tata Power Solar bags 300 MW plant project from NTPC worth Rs 1,730 cr

With this project, the order book of Tata Power Solar stands at Rs 8,541 crore including external and internal orders.