Tata Power Company Ltd (TTPW.BO)
May 19 India's Tata Power Co Ltd on Friday reported a fourth-quarter adjusted profit that missed analysts' estimates, as lower recovery on the cost of fuel at one of its major power plants and higher fuel costs hurt margins.
(The following statement was released by the rating agency) JAKARTA, April 13 (Fitch) Fitch Ratings Indonesia has assigned power plant construction company PT Citra Kusuma Perdana a National Long-Term Rating of 'A-(idn)' with a Stable Outlook. The rating benefits from the steady financial profile of PT Kaltim Prima Coal (KPC) as CKP's sole rental counterparty. The future cash flows that CKP will receive from the power plants are highly visible as they are based on a long-term contract with fixed
* Says completed sale of unattended ground sensors business to tata power co Source text: http://bit.ly/2ktwZip Further company coverage:
NEW DELHI/MUMBAI When Ratan Tata retired as chairman of Tata Sons Ltd in 2012, he proposed a change in the laws governing the relationship between India's largest conglomerate and its key shareholder, according to sources familiar with the situation.