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Tata Power looks for investment opportunities in overseas geographies

21 Jul 2014 Evaluate

Tata Power is exploring for investment opportunities in select overseas geographies and eyeing assets available for acquisition due to financial stress in power sector. Further, the power major is looking at opportunities for providing management and technical advisory services in distribution business.

These plans are part of the leading private utility’s strategy to remain as an integrated player across the power value chain.

Currently, Tata Power has an installed generation capacity of more than 8,580 MW. Besides, the company continues to evaluate investment opportunities in Africa, Turkey, Middle East, South East Asia and the SAARC (South Asian Association for Regional Co-operation) region.

Tata Power is India’s largest integrated power company with a significant international presence. The Company has an installed generation capacity of over 8,580 MW and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 329.35
Tata Power 368.30
Adani Power 205.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1382.00
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