Tata Power Company’s wholly-owned subsidiary -- Tata Power Renewable Energy (TPREL) has raised Rs 575 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The proceeds will be used primarily to prepay existing high cost debt in TPREL.
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 9184 MW and a presence in all the segments of the power sector.
| Company Name | CMP |
|---|---|
| NTPC | 402.20 |
| Tata Power | 436.00 |
| Adani Power | 225.15 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1724.80 |
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