Tata Power inks MoU with Russian ministry in energy push

Ministry of Development of Russian Far East will cooperate with and support Tata Power at all stages of investment projects

Tata Power inks MoU with Russian ministry in energy push
Press Trust of India New Delhi
Last Updated : Dec 25 2015 | 4:06 PM IST
Tata Power has signed a memorandum of understanding (MoU) with the Ministry of Development of Russian Far East to explore and develop investment opportunities in the energy sector.

"The MoU reflects the mutual intentions of the parties to cooperate for the purpose of realisation of investment projects in the energy sector across the Russian Far East," Tata Power said in a filing to BSE today.

Under the MoU, the Ministry of Development of Russian Far East will cooperate with and support Tata Power at all stages of investment projects, including assisting the company's communications with federal and regional authorities, state-owned companies and the private sector, it said.

"The MoU was signed in Moscow by Ashok Sethi, COO and Executive Director, Tata Power, and Alexander Galushka, Minister for Development of Russian Far East," it added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 25 2015 | 3:57 PM IST

Next Story