Tata Power Company is in talks to acquire a majority stake in the UK-based power generator InterGen NV from GMR Infrastructure to scale up its global presence. InterGen, with generation capacity of over 6,300MW, has power plants in
GMR Infrastructure had bought 50% stake in InterGen for $1.1 billion in 2008 and has been looking for a buyer. If the deal goes through, Tata Power may require to pay at least $1.2 billion.
Tata Power plans to invest Rs 70,000-crore to increase capacity to 25,000 MW by 2017. On the progress of upcoming projects, 60% work of the 4,000 MW-power project at Mundra in
| Company Name | CMP |
|---|---|
| NTPC | 389.20 |
| Tata Power | 427.00 |
| Adani Power | 192.25 |
| Power Grid Corp | 316.25 |
| Torrent Power | 1527.30 |
| View more.. | |
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