Shares of Punj Lloyd were up over 6 per cent at Rs.25.55 on the BSE after the company said it has won the 459km of the 48-inch diameter Trans Anatolian Natural Gas Pipeline (TANAP) in Turkey worth Rs.2,780 crore (US$ 409 million) in joint venture with Limak (50-50) share.
In the next three years, Tata Power is exploring various options to raise around Rs 5,000 crore in the next three years. Tata Power has an installed generation capacity of over 8,500 MW. The company has also embarked on ambitious expansion plans, including setting up projects in Vietnam and Georgia. For raising funds, the power utility has said that it is studying all possible options.