Page 26 - Tata Power

Tata Power's Mundra plant in final talks to ink supplemental PPA deal

Earlier this month, the Gujarat government had decided to reverse its 2018 decision to amend the PPAs it signed with three producers - Tata Power, Adani Power and Essar Power

Ashish Khanna on how Tata Power Renewables is reorienting functions

The force majeure conditions have been accepted by the government, so we will be able to complete the projects. But it has affected our ramp-up plans and working capital, Khanna said

Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power

It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.

Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more

From IT companies facing problems in hiring fresh candidates, Voda defaulting on June payments, TCS reporting fall in net profits, here are the top headlines on Friday morning

Why solar at Rs 2.36 is a big deal

A lower cost of solar power means cheaper electricity in the long run as it replaces more costly generation. That is the next step the government is working on

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 subsidiary completes sale of three ships for $212.76 million

Tata Power said the sale proceeds will be used towards reducing the debt as well as to fund growth plans.

Tata Power stock powers up with strategic turnaround, deleveraging plans

Preferential equity issue, non-core asset sale boost sentiment

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Tata Power one step closer to tariff revision at Mundra power plant

Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.

Tata Power subsidiary to develop 100-Mw solar project in Maharashtra

The project is required to be commissioned within 18 months from the date of execution of the PPA

Tata Power to develop 120 MW solar project in Gujarat 300 million kg of CO2

The plant is expected to generate about 300 million units of energy per year and will annually offset nearly 300 million kg of CO2

Tata Power sells shipping assets for $212.76 mn as it seeks to pare debt

In April, Tata Power received $110 Million from sale of its stake in South African joint venture Cennergi, which is to be utilised to repay loans in the June Quarter

Tata Power gains nearly 7% as it completes 51% stake buy in Odisha's TPCODL

TPCODL was incorporated on April 6, 2020 as a wholly-owned subsidiary of GRIDCO Limited (GRIDCO) to carry out the business of Central Electricity Supply Utility of Odisha (CESU).

Reliance Infrastructure removes KPMG from BSES stake sale process

KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself

Leave the PSUs alone for now

Government sell-off is a stimulus for itself and might not work at this juncture

Ministry of Defence inks Rs 1,200 cr contract to boost electronics sector

The deal, Modernisation of Air Field Infrastructure Phase 2 (MAFI-2), follows from an earlier contract, called MAFI-1, which TPSED won in 2011 to upgrade 30 IAF airfields.

Tata Power in focus, advances 7% post March quarter numbers

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter was up 6 per cent at Rs 2,013 crore as compared to Rs 1,901 crore during the previous quarter

Power distribution business to be privatised in Union Territories

Union Territories directly come under the central government. Hence, the path to privatisation is easier

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit