We don't see pandemic significantly impacting our business: Tata Power

Firm only sees coal mining operations being affected, Mundra to remain untouched

Tata Power does not expect Covid-19 to have too much of an impact on its business, except its coal mining companies, the firm said in its annual report, released on Tuesday. The company added recoverability for its Mundra cash generating unit (CGU) will remain unaffected.

In its annual report, the company also said it would not pursue any greenfield or brownfield expansion in thermal power and would explore options in the distribution business in Indian and international markets and acquire transmission assets.

“Considering power supply being an essential service, management believes that there is not much of an impact likely