Page 9 - Tata Power

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.

Tata Sons buys group firms' shares worth Rs 531 crore amid market sell-off

The largest investment was made in Tata Steel, with Tata Sons buying shares worth Rs 222 crore at an average price of Rs 287 per share

Tata Power delays shutdown of Mundra plant, normal operations till Mar 20

The decision to postpone came after a meeting was convened by the Union power secretary on Monday.

JLR partners with Tata Power for electric vehicle charging solutions

Tata Power will be responsible for providing a range of AC and DC chargers, starting from 7 kW to 50 kW capacity, JLR India said in a statement

Tata Power's Mundra UMPP to snap power supply to five states on March 11

Decision comes after buyer states say no to tariff hike; UMPP has been in the middle of a tussle for seven years over passthrough of escalated cost of imported coal

Tata Power hits over 13-year low on reports co may snap power lines

The Mumbai-based company, which may incur a loss of Rs 1,000 cr from this one unit alone this year, has issued notices to discoms in Gujarat, Haryana, Rajasthan, Punjab & Maharashtra

10 listed firms that will see greatest impact of FM's customs duty tweaks

While some importers might have to absorb costs to protect their market share, other indigenous manufacturers should benefit