MoneyWorks4Me

Tata Power's arm signs definitive agreements with Oldendorff Carriers

12 Jun 2020 Evaluate

Tata Power Company’s wholly owned subsidiary -- Trust Energy Resources Pte (TERPL), has completed signing of definitive agreements with Oldendorff Carriers GmbH & Co. KG, Germany for the sale of three capesize ships at a consideration of $212.76 million. The transaction also includes a long-term freight contract with Oldendorff Carriers.

Tata Power Company is India’s largest integrated power company with a growing international presence.

Peers
Company Name CMP
NTPC 309.30
Tata Power 335.50
Adani Power 188.00
Power Grid Corpn. 245.40
Adani Energy Solut. 1252.95
View more..