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Tata Power inks MoU with Russian ministry

26 Dec 2015 Evaluate

In an effort to explore and develop investment opportunities in the energy sector, Tata Power Company has signed memorandum of understanding (MoU) with the Ministry of Development of Russian Far East.

The MoU reflects the mutual intentions of the parties to cooperate for the purpose of realisation of investment projects in the energy sector across the Russian Far East. Under the MoU, the Russian ministry will cooperate with Tata Power for all stages of investment projects.

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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