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Tata Power Company Ltd (TTPW.NS)

TTPW.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Tata Power unit wins 100 MW solar projects in Karnataka
Thursday, 19 May 2016 12:53am EDT 

Tata Power Company Ltd : Tata Power renewable energy limited (tprel) wins 100 mw solar in Karnataka under national solar mission . Co has received letter of intent to develop the projects and will sign 25-year PPA with NTPC Vidyut Nigam Ltd .  Full Article

Tata Power Company Ltd recommends dividend
Tuesday, 19 May 2015 09:22am EDT 

Tata Power Company Ltd:Recommended a dividend of 1.30 Indian rupees per Equity Share of 1 Indian rupee each to the shareholders for the year ended March 31.Dividend, if declared at the said AGM, will be paid on and from Aug. 07 to the shareholders entitled to receive the same.  Full Article

Tata Power Company Ltd enters into share purchase agreement in relation to the 120 MW Itezhi Tezhi hydropower project in Zambia
Wednesday, 25 Mar 2015 08:55am EDT 

Tata Power Company Ltd:Entered into a share purchase agreement with Tata Africa Holdings (SA) (Pty) Ltd for formalizing the acquisition of their 50 pct shareholding in Itezhi Tezhi Power Corporation (ITPC).ITPC, a 50-50 joint venture wit the Zambian parastatal utility ZESCO Limited (ZESCO), is a special purpose vehicle which has been setup to build and operate a 120 MW hydro power plant in Itezhi Tezhi district in Zambia.  Full Article

Tata Power Company Ltd announces it's Tata Power SEP consortium down-selected for MAKE Project of Battlefield Management System for Indian Army
Thursday, 26 Feb 2015 05:20am EST 

Tata Power Company Ltd:Says it's strategic engineering division (Tata Power SED), in consortium with Larsen & Toubro (L&T), is one of two down-selected Development Agencies for Ministry of Defence's 'Make' Program 'Battlefield Management System (BMS).Says Tata Power SED is lead of the consortium.  Full Article

Tata Power Company Ltd signs MoU with Siberian Coal Energy Company
Monday, 23 Feb 2015 03:48am EST 

Tata Power Company Ltd:Signs Memorandum of Understanding (MoU) with Siberian Coal Energy Company (SUEK) to develop opportunities in energy sector.Says as part of agreement, both Tata Power and SUEK will cooperate on identifying and targeting opportunities in energy sector in Russia and other geographies of common interest in order to develop mutually beneficial transactions.  Full Article

Tata Power Company Ltd signs Agreement for acquisition of 540 MW coal based thermal power project in Maharashtra
Wednesday, 10 Dec 2014 03:35am EST 

Tata Power Company Ltd:Signs for acquisition of 100 pct shareholding in Ideal Energy Projects Ltd (IEPL).  Full Article

Tata Power Company Ltd announces issue and allotment of unsecured, non-cumulative, redeemable non-convertible debentures
Monday, 17 Nov 2014 06:32am EST 

Tata Power Company Ltd:Has issued and allotted the following unsecured, non-cumulative, redeemable, taxable, listed, rated Non-Convertible Debentures of a face value of 1 mln Indian Rupees each, on a private placement basis.9.32 pct Series 1 aggregating 10.00 bln Indian Rupees due Nov. 2017 (Series 1 NCDs).And 9.48 pct Series 2 aggregating 5.00 bln Indian Rupees due Nov. 2019 (Series 2 NCDs) (Series 1 NCDs and Series 2 NCDs hereinafter collectively referred to as NCDs).Standard Chartered Bank, IDFC Ltd, Yes Bank Ltd, Axis Bank Ltd and Deutsche Bank AG are the joint lead arrangers for the issue of these NCDs.  Full Article

Tata Power Company Ltd approves issue of non-convertible debentures
Monday, 13 Oct 2014 10:12am EDT 

Tata Power Company Ltd:Approves the issue of non-cumulative, redeemable, listed, rated non-convertible debentures (NCDs), not exceeding an aggregate limit of 37 bln Indian rupees on private placement basis.NCDs may be issued by company in one or more tranches and may be unsecured or secured by creation of charge over the assets of the Company.  Full Article

BRIEF-Raytheon says Javelin Joint Venture team signed LOI with Tata Power Company

* Javelin JOINT VENTURE team, a partnership between Raytheon Company and Lockheed Martin, signed a LOI with Tata Power Company Limited