Tata Power to sell 5 per cent stake in an Indonesian coal companyAs part of the deal, Tata Power through its subsidiaries has the option to sell 30 per cent stake in Power Infrastructure Companies.
Tata Power signs pact to sell 30% stake in Indonesian firmTata Power today announced sale of its 30 per cent stake in PT Mitratama Perkasa to Indonesia's Bakrie Group for around USD 120 million.
Tata Power narrows Q3 net loss to Rs 75 croreTata Power's total income from operations in Q3, 2013-14 was down at Rs 8,700 crore, from Rs 9,039.31 crore in the year-ago period.
Tata Power Q3 consolidated PAT seen at Rs 230 croreAccording to an ET Now poll, the company is likely to report a consolidated net profit of Rs 230 crore for the quarter ended December 2013.
Tata Power exits Indonesian coal firm Arutmin for $500 millionTata Power said it had agreed to sell its 30 percent stake in coal mining firm PT Arutmin Indonesia to Indonesia's Bakrie Group for $500 mi...
Tata Power may build more imported-coal based projectsTata Power may build more projects based on imported coal once the government formulates a firm policy on the sourcing of fuel from oversea...
- Tata Power to raise Rs 1,400 cr by selling 15% in 2 coal SPVs
Tata Power will raise $300 million by selling a 15% stake in two SPVs, which own coal mines, to fund acquisitions. How countries have coped...
- Tata to complete Mundra power project by 2012
Tata Power, which is implementing the 4000 MW Mundra ultra mega power project (UMPP), has said it will exceed the 2012 target by 800 MW.
- No intention to sell stake in Indonesian coal mines: TataPower
Tata Power Company on Monday set to rest speculation that it was trying to sell its stake in two Indonesian coal mines owned by PT Bumi Res...
- ICICI Securities puts 'hold' on Tata Power
ICICI Securities has initiated coverage on Tata Power with a ‘hold’ rating while advising investors to consider aspects like loan servicing...
- Motilal puts 'buy' on Tata Power; target Rs 1,600
Motilal Oswal has maintained ‘buy’ on Tata Power for a target price of Rs 1,600 per share.
- Motilal puts buy on Tata Power; target Rs 1,623
Motilal Oswal has recommended ‘buy’ on Tata Power for a target price of Rs 1,623.
- Tata Power to refinance Indonesian acquisitions
Tata Power Company (TPC) on Tuesday announced refinancing of loans worth $850 million taken for funding its acquisition of 30% stake in Ind...
- Local cos to help Barclays refinance Tata Power loan
The British bank Barclays is roping in Indian lenders to refinance the $950-million bridge loan taken by Tata Power .
- TPC to raise $600 m for Indonesian mines
TATA Power Company (TPC), India’s largest private power utility, is planning to raise $600 million to fund its recent acquisition of coal m...
- Tata Power buys 30% in 3 Indonesian cos
The co will acquire the stakes in three major Indonesian cos owned by PT Bumi Resources Tbk for Rs 4,840 cr.
- Tatas eye $1-b coal assets in Indonesia
Even as the fate of the mega steel acquisition by Tata Steel hangs in balance, Tata Group is in the process of striking yet another global ...