Page 24 - Tata Power

'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

Power stocks in focus; Adani, Tata, Torrent Power hit 52-week highs

Shares of Adani Power were locked in 10 per cent upper circuit at Rs 71.40, surging 28 per in the past three trading days

Tata Power raises Rs 900 cr through non-convertible debentures

Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)

Stocks to watch: Stove Kraft, Hero Moto, Britannia, M&M, Biocon, Tata Power

IRFC has sold $750 million worth of dollar-denominated bonds to overseas investors priced at a coupon of just 2.80 per cent per annum

Tata Power third quarter net profit soars 22% to Rs 318 crore

The jump in profit came on the back of higher revenues

Here's a Bull Spread strategy on Tata Power by Nandish Shah of HDFC Sec

The stock price of Tata Power has witnessed running correction of 10 per cent from the recent high and has reached to a support level which, HDFC Securities believes, is a good buying opportunity

Commercial power demand pick-up to take 6 months: Tata Power DDL CEO

"Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and transparency as is evident in Delhi," he says

Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project

The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022

Tata Power takes over power distribution in western, southern Odisha

Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUTHCO Utility upon completion of sale process

Stocks to watch: TCS, Biocon, Bharat Rasayan, Vodafone Idea, Tata Power

Biocon announced that its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi-based ADQ, one of the region's largest holding companies

Tata Power bags 110 MW solar power project worth Rs 488 cr from KSEB

The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from the date of scheduled commercial operation

Tata Power, SIDBI join hands for rooftop solar financing for MSMEs

Tata Power on Tuesday announced its partnership with SIDBI to provide a finance scheme to the MSME players in the rooftop solar segment

Tata Power subsidiary inaugurates 5 kilowatt biogas plant in Bihar

TP Renewable Microgrid (TPRMG), a wholly-owned subsidiary of Tata Power inaugurated a 5 kilowatt (kW) bio-gas plant in Muzaffarpur, Bihar

Tata Power fully repays Mundra unit's bank loans worth Rs 4,150 cr

Mundra unit's long term debt now stands at Rs 3,790 crore and comprises bonds and debentures

Bull run continues; Sensex up 316 pts to end at 43,594, Nifty nears 12,750

All that happened in the markets today.

Tata Power consolidated net profit rises 10% to Rs 371 crore in Q2

On a consolidated basis, Tata Power Group's Q2 FY21 revenue was up by 15 per cent at Rs 8,413 crore as compared to Rs 7,329 crore last year.

CRISIL upgrades rating on Tata Power NCDs, long-term bank facilities

Tata Power on Thursday said Crisil has upgraded its rating on the company's non-convertible debentures and long-term bank facilities. "Crisil has upgraded its rating of The Tata Power Company Ltd to 'Crisil AA' from 'Crisil AA-' on the non-convertible debentures and long-term bank facilities, Tata Power said in a regulatory filing. The outlook on the rating has been revised to 'stable' from 'positive'. The rating on Tata Power's commercial paper programme has been reaffirmed at Crisil A1+, it said. Tata Power said the rating upgrade has been driven by the de-leveraging initiatives such as sale of non-core assets (South African wind asset and shipping business) and the preferential allotment of equity undertaken by the company. Praveer Sinha, CEO and Managing Director, Tata Power said this rating upgrade recognises the significant efforts of the company to strengthen the fundamentals. The company is on course to achieve the deleveraging and restructuring of business as laid out in

Tata Power sells Defence business to Tata Advance Systems to prune debt

Sale will garner enterprise value of Rs 1,076 cr as upfront payment; was completed as per a 'Scheme of Arrangement' approved by NCLT

Maharashtra minister hits out at Tata Power for outage, seeks reforms

Maharahstra Energy Minister Nitin Raut on Monday pitched for reforms to ensure that the 'islanding system' works when required

After Mumbai's power outage, Tata power to upgrade city's islanding system

Introduced in 1981, the 'islanding system' developed and executed by Tata Power is unique and the only such power system in the country