Pursuant to the letter of intent issued by lenders of NRSS XXXVI Transmission Ltd, Resurgent Power Ventures Pte Ltd has completed the acquisition, and settled debt of the lender, of NRSS XXXVI. The transaction is part of stressed asset Read more
Tata Power Renewables Energy Ltd (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 300-mw solar power project at Dholera, Gujarat. The project will generate 774 million kwh annually. Along with this, it will reduce approximately 70,4340 tonnes Read more
Tata Power has received approval from the Mumbai bench of National Company Law Tribunal (NCLT) for a composite scheme of arrangement. Through its order dated March 31, 2022, NCLT approved the scheme of arrangement between Coastal Read more
Tata Power has collaborated with real estate developer Rustomjee Group to provide end-to-end EV charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR). Under this collaboration, Tata Power will install dedicated Read more
With the advent of digitalization, there is disruption in the traditional electricity value chain, notes Rohit Barde. In India, power business is asset-heavy and decentralized. Being a subject in the Concurrent list (falling under both state and Central government Read more
In this exclusive interview, we have Nilesh Kane, Chief - Mumbai Distribution, Tata Power, talking about various aspects of Tata Power’s power distribution business in Mumbai. Kane covers a wide range Read more
The resolution professional of South East UP Power Transmission Company Ltd (SEUPPTCL), has issued a letter of intent selecting Resurgent Power Ventures Pte Ltd as a successful resolution applicant under IBC proceedings. The transaction, subject to customary approvals and Read more
Tata Power, on March 5, 2022, celebrated the glorious feat of completing the 100th anniversary of its hydroelectric power plant in Bhivpuri, Maharashtra. The plant, among the oldest such in India, produces around 300 million kwh (MU) of electricity Read more
Prof. Sunil Sharma has joined Tata Power as Chief – Strategy, Innovation & Business Collaboration, effective March 1, 2022, a Tata Power release said. Sunil will bring his expertise in chartering the strategic roadmap for transformation at Tata Power, Read more