Tata Power, which has 3,127 MW, is on track to becoming power gen leader again as it commences operation of the first unit at its mega power project in Mundra by September.
Tag: Tata Power
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Tata Power revises target
Tata Power plans to raise $450 million by issuing corporate hybrid securities, revising its target upwards from $300-400 million, and may be used for securing long-term coal supplies and repaying debt.
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Rs 6.5k cr up for grabs in transmission
Over the next two months, the government will call global tariff bids to award contracts for laying five mega power transmission lines worth Rs 6,485 crore.
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1st floating solar plant
Tata Power will build the countryĆ¢ā¬ā¢s first low-cost, high-efficiency floating solar plant in partnership with AustraliaĆ¢ā¬ā¢s Sunengy.
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High bets on geothermal
The government is readying a policy on geothermal energy. Companies planning to encash on it are Tata Power, Thermax and GeoSyndicate.
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Short-lived glory
As the pace of power generation heats up, the race to be king is likely to be ongoing, with players overtaking each other within short periods.
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Tata's new seat of power
Consequent to the forthcoming retirement of Prasad Menon on 31 January, Tata Power appointed Anil Sardana as the Managing Director with effect from February.