Tata Power is currently trading at Rs. 79.15, up by 0.35 points or 0.44% from its previous closing of Rs. 78.80 on the BSE.
The scrip opened at Rs. 78.95 and has touched a high and low of Rs. 79.45 and Rs. 78.30 respectively. So far 184234 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 115.25 on 09-Jun-2014 and a 52 week low of Rs. 75.85 on 08-May-2014.
Last one week high and low of the scrip stood at Rs. 82.05 and Rs. 78.35 respectively. The current market cap of the company is Rs. 21258.35 crore.
The promoters holding in the company stood at 33.04%, while Institutions and Non-Institutions held 51.12% and 15.68% respectively.
Tata Power, India’s largest integrated Power Company has completed financial closure for its 187 MW Adjaristsqali hydro project in Georgia. The project is being financed by IFC, ABD and EBRD. This landmark project will help Georgia to tap its hydropower potential. IFC, along with ADB and EBRD, has arranged the largest-ever private hydropower investment in Georgia of $400 million through project financing.
Adjaristsqali Georgia is a joint venture between India's Tata Power and Norway's Clean Energy Invest (40 percent each), and IFC (20 percent). This project will help Georgia achieve energy self- sufficiency. The three lenders are providing a total of $250 million of long term project financing for the project.
Tata Power is India’s largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8621 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.
