Tata Opportunities Fund, the investment arm of the Tata Group, which is advised by Tata Capital, invested Rs 335 crore in Tata Projects Limited (TPL), the company said.
TPL, the Hyderabad-headquartered engineering, procurement and construction (EPC) services firm of the Tata group, has a total turnover of Rs 3,444 crore. The funds would be utilised for the expansion of the EPC firm. TOF has purchased secondary stakes from four Tata companies including Tata Steel, Indian Hotels Company and Tata International. TOF´s investment for a significant minority ownership marks the Fund´s first transaction in the infrastructure services sector. The Fund seeks to play a supportive role in assisting Tata Projects in expanding its EPC services franchise with existing and new customers across segments and geographies, the company said in a statement.
FlashNews:
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujarat’s Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins ₹2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears ₹100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Re‑invents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PM‑SETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026‑27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, India’s First Next‑Gen All‑Weather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South India’s First C&I Conference
AM/NS India Sets Global Benchmark with Ultra‑High Strength Welded Pipes
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbai’s Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
Home » Tata Opportunities fund invests Rs.335 crore in Tata Projects
Tata Opportunities fund invests Rs.335 crore in Tata Projects
Infrastructure Finance
August 1, 2015August 1, 2015


Leave a Reply
You must be logged in to post a comment.