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Tata Power commences building Rs 450 crore-defence production unit in Karnataka

09 Sep 2015 Evaluate

Tata Power, India’s largest integrated power company has begun building its Rs 450 crore-defence production unit in the state of Karnataka. The Chief Minister laid down the foundation stone for the 50-acre Vemagal facility to create a state-of-the-art integrated digital design-to-manufacturing facility for large systems engineering and integration. The investment is also in line with the company’s commitment towards ‘Make in India’ initiative.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 8,669 MW and a presence in all the segments of the power sector.



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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