Market movers: Tata Power spikes 3% after CGPL merger; HAL posts record revenueCGPL is claimed to be one of India's most energy efficient thermal plants and uses supercritical technology to generate power.
Tata Power gets NCLT approval for merger of CGPL into itThe Scheme provides for the amalgamation of CGPL with Tata Power and will result in numerous benefits such as streamlining the corporate st...
Tata Power arm CGPL raises Rs 570 crore via NCDsThe proceeds of the NCDs will be utilised by CGPL towards refinancing of its existing debt, capital expenditure and augmentation of working...
Tata Power's arm CGPL raises Rs 350 cr via NCDsThe NCDs have been rated AA (CE) by India Ratings & Research and will carry a coupon rate of 8.55 per cent, payable annually.
Revocation of GR not to impact discussion over PPA with Mundra plant: Tata PowerThe price of imported coal had shot up due to change in some regulations in Indonesia.The state government has taken the decision to revoke...
Mundra Plant's tariff issue: Tata Power gives 5 states till March 20Tata Power Co has given power distribution companies in five states that buy electricity from its 4,000-MW Mundra plant time until March 20...
Tata Power holds Mundra UMPP shut-down till March 20Earlier, Tata Power's Coastal Gujarat Power Ltd (CGPL) arm - which operates 4,000 MW Mundra plant - had served notices to discoms of Gujara...
Coastal Gujarat Power looks to raise Rs 1,300 crore via bond saleDuring FY18, CGPL’s loss widened to Rs 1,721.31 crore from Rs 849.74 crore a year ago.
Buy Tata Power Company, target Rs 96: Edelweiss SecuritiesBuy Tata Power Company at a price target of Rs 96.
Tata Power offers to sell 51% stake in Mundra for Re 1Sources said CGPL in the letter stated that financial position of the company continues to deteriorate and has reached a critical situation...
World Bank's probe finds IFC investment in Tata Power project breaching normsThe CAO, in its second monitoring report in relation to audit of CGPL following complaint by fishing communities, said there was a need for...
Timeline for implementation still unclear for tariff relief under 'force majeure' for the imported coal-based power projects: ICRAFurther, the tariff relief, as per this order, is estimated to be lower than the actual fuel cost under-recoveries as per ICRA estimates.
CERC’s relief order for Adanai and Tata is positive, but implementation timeline unclearThe CERC has estimated the tariff relief for CGPL at Rs. 0.05 per unit based on the prices of coal and exchange rate prevailing in August 2...
Tata Power installs 36 bio-gas plants in MundraAs part of its CSR activity, Coastal Gujarat Power Ltd (CGPL), a wholly-owned subsidiary of Tata Power, has installed 36 bio-gas plants .
Tata Power's Q1 net loss narrows to Rs 111.30 croreIt had reported net loss of Rs 114.70 crore during the same quarter of last fiscal, 2013-14, Tata Power said in a statement.
Highly volatile Indonesian coal caused fire at Mundra UMPPThe fire had broken out at the site of the Mundra ultra mega power project (UMPP) on November 14, temporarily affecting electricity generat...
- Tata Power posts Rs 1,218.86 crore quarterly loss
Tata Power today posted a staggering consolidated net loss of Rs 1,218.86 crore for three months ended September