Key highlights were innovative design of Balance-of-System (BoS) and cabling, along with optimised selection of evacuation systems
The tenor of these securities is three years and these debentures will mature on August 3, 2019
High return on equity earned by former's renewable assets justify the deal's premium valuation
To sign 25-year PPA with NTPC Vidyut Vyapar Nigam
Company will sign a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam
MERC seeks objections from stakeholders; company says consumer choice not to be compromised
Hints rating could be lowered if acquisition bridge finance is short-term in nature
Buyer's balance sheet risk might go up in the near term
Tata Power, however, said that the acquisition of Welspun Renewables' 1,140 Mw assets is very strategic to it
The company announced that its renewable arm signed an agreement with Welspun Energy to acquire its green energy portfolio.
The deal estimated at Rs 10,000 crore for 1,140 Mw of assets is the largest in the segment
Firm's CEO and MD Anil Sardana also warns against early exuberance over UDAY scheme and claims of power surplus by govt
Tata Power, NTPC and Power Grid Corporation were trading 1%-2% higher, as compared to 0.80% decline in Sensex.
Net profit doubled to Rs 360 crore in the March quarter; sustainability holds key
The consolidated generation through all its subsidiaries stands at 47,016 MUs (million units) in FY16. The standalone generation stood at 12,075 MUs in FY16
The consolidated generation through all its subsidiaries stands at 47,016 million units
The company said its profit more than doubled mainly 'due to strong operational performance and lower fuel cost'
Firm beats Bloomberg estimate of Rs 277 cr, announces dividend of Rs 1.30 per share
With this acquisition, Tata Power's total generation capacity now becomes 9,213 MW
The projects have been awarded through open category under Jawaharlal Nehru National Solar Mission