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'No arrangement or agreements finalised': Tata Power on Tesla tie up

'We confirm that the news item published in the media dated March 12 2021 is factually incorrect,' the company said in a stock exchange filing

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BS Web Team New Delhi
Tata Sons' power generation unit, Tata Power on Friday clarified that no arrangement or agreements have been finalised with Tesla Inc for setting up Electric Vehicle (EV) infra unit in India as reported in the media. 

"Our EV charging business are constantly examining and exploring various growth opportunities of the business. No arrangement or agreements have been finalised as reported in the media," it said in a stock exchange filing

"We confirm that the news item published in the media dated March 12 2021 is factually incorrect," it said.

The talks between Tata Power and Tesla are in the initial