~Exxaro Resources Ltd. of South Africa acquires entire 50% stake of Khopoli Investments Ltd, a wholly owned subsidiary of The Tata Power Company Ltd, in Cennergi JV ~ Khopoli Investments Ltd (a 100% subsidiary of Tata Power) today completed the sale of the Company’s entire stake in Cennergi, a South African joint venture to Exxaro […]
Tata Power sells stake in South African joint venture to reduce debt
Tata Power said Khopoli Investments, a 100 per cent subsidiary of Tata Power, has entered into a share purchase agreement with South Africa’s leading coal producer Exxaro Resources for the divestment of the company’s entire 50 per cent stake in Cennergi. Debt laden Tata Power has sold its stake in a South African joint venture […]