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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 […]

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