Tata Power consolidated net profit rises 10% to Rs 371 crore in Q2
NEW DELHI: Tata Power on Tuesday posted a 10 per cent increase in consolidated net profit at Rs 371 crore for the quarter ended September 2020. “Consolidated PAT stood at Rs 371 crore (in July-September 2020) up by 10 per cent as compared to Rs 339 crore in Q2 FY20 due to stable performance across […]
Tata Power JV to acquire 2 power plants for Rs 920 crore from Tata Steel
NEW DELHI: Tata Power on Friday said its joint venture Industrial Energy Ltd has signed pacts with Tata Steel to acquire a captive gas-based power plant and a diesel project in Kalinganagar, Odisha for around Rs 920 crore. Industrial Energy Ltd (IEL) is a joint venture between Tata Power and Tata Steel in the ratio […]