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Tata Power’s step down subsidiary signs definitive agreements for sale of 50 MW solar power

05 Jul 2019 Evaluate

Tata Power’s step down subsidiary -- Poolavadi Windfarm has signed definitive agreements for sale of 50 MW solar power under captive structure. The power will be supplied through open access under a long-term power purchase agreement. Poolavadi Windfarm is a 100% subsidiary of the Tata Power Renewable Energy - wholly owned subsidiary of the company.

Tata Power Company is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 327.80
Tata Power 362.20
Adani Power 207.10
Power Grid Corpn. 264.30
Adani Energy Solut. 1405.20
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