Tata Power said in advanced talks with investors, together with Canadian Pension Plan Investment Board (CPPIB) as well as Singaporean sovereign fund Temasek Holdings and private equity firm General Atlantic to elevate as much as $600-700 million (Rs 4478 crore – 5225 crore) for the renewable energy business at an equity valuation of around $6-7 […]
Tata Power eyes Rs 3,000-crore divestment, revamp of green assets to cut debt
The company aims at raising Rs 3,000 crore from divestment of assets in 2020-21, despite the disruption caused by Covid-19 pandemic in the global economy Mumbai: Tata Power Company hopes to raise about Rs 3,000 crore from divestment of non-core operations and restructuring the renewable energy business with an aim to cut debt by at […]
