 "Renewable Energy, solar, wind, clean, green")
Tata Power, which plans to launch its renewable energy InvIT this fiscal, said it will also explore merger and acquisition opportunities to strengthen its position in this space.
According to an analyst presentation by the company, Tata Power, which is sitting on a debt of over Rs 43,000 crore, is eyeing Rs 9,000 crore revenues from its renewable energy operations by FY2025. The company plans to launch the infrastructure investment trust (InvIT) this fiscal, post which it will explore merger and acquisition opportunities, considering the fragmented nature of the sector and the potential assets available, the presentation said.
According to
