close

Tata Power considering a $473-million IPO for its renewable energy unit

The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust

tata power
Premium

Tata Power, controlled by Tata Group, is weighing an initial public offering for its renewable energy business that cou­ld raise about Rs 35 billion ($473 million), according to people familiar

Also Read

ITC aims to meet 100% of electrical energy needs from renewable sources

Green certificates trading shrinks to 920,000, 6 mn inventory piles up

Betting on green

Offshore wind, jobs, hydrogen

CII urges finance ministry to impose basic custom duty on solar equipment

Marico net profit up 14% in Jan quarter; revenue up 34% on low base

Reliance Retail revenue up 25% in March quarter on strong recovery

Jio Platforms net profit jumps 47% in January-March quarter to Rs 3,508 cr

Tata group company to set up 450 oxygen units worth Rs 75 lakh each

Govt should have built safety stock of essential drugs: Kiran Mazumdar-Shaw

First Published: Apr 30 2021 | 11:03 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com