Power Grid Corp is racing to build transmission lines for Tata Power’s ultra mega power plant in Mundra, whose first unit is ready to start generation three months ahead of the planned start-up date in the ...

The power utility Tata Power Co said that it had launched a perpetual bond issue of 15 billion rupees ($334 million) and had mandated Standard Charted Bank and Yes Bank as joint lead arrangers.  The bonds ...

Tata Power Company (TPC) will invest Rs 1,300 crore in 2011-12 to add 185 Mw generation capacity from wind and solar energy. The company, which commissioned a 3-Mw solar power in Maharashtra’s Mulshi last month, is ...

Global rating agency Standard & Poor’s said that the rating on Tata Power Co. Ltd. (BB-/Positive/–) is unaffected by the proposed issuance of fixed to floating rate subordinated notes due 2071 that the company guarantees. “We expect ...

Tata Power said it plans to raise $450 million by issuing corporate hybrid securities, revising its target upwards from $300-400 million. The proceeds could be used for securing long-term coal supplies and repaying debt. The decision to set ...

India’s Tata Power Co. Ltd. has sold a $450 million hybrid bond at the bottom end of the indicative price guidance issued earlier, two people familiar with the matter said. The sale highlights the strong demand for ...

Diversified business house Tata Group will invest up to Rs 1.2 lakh crore across sectors in the domestic market in the next five years as it looks to more than double its revenues to $150 billion ...

Private sector power generator, Tata Power Co. is one of the shortlisted bidders for a 30 per cent stake in a coal unit owned by Indonesian conglomerate Sinar Mas, two people familiar with the matter said ...

For years, those living in the city’s suburbs have been paying more for electricity than south Mumbaikars. Chief minister Prithviraj Chavan took note of this discrimination on Monday, calling for equality in tariffs across the city. “Is ...

The country’s largest private power producer, Tata Power, today posted three-fold increase in net profit to Rs 464.11 crore for the third quarter ended December 31, 2010. Tata Power had reported a net profit of Rs 152.73 ...