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Tata Power acquires 100% stake in Bikaner III Neemrana II Transmission

28 Dec 2023 Evaluate

Tata Power has signed Share Purchase Agreement and acquired 100% equity stake in Bikaner III Neemrana II Transmission, a project special purpose vehicle. Object of acquisition is to establish and operate Build-Own-Operate-Transfer basis, to provide transmission service. Cost of acquisition is Rs 18.61 crore. The said acquisition process completed on December 27, 2023.

Tata Power Company is India’s largest integrated power company.


Tata Power Share Price

433.65 6.20 (1.45%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 397.90
Tata Power 433.65
Adani Power 200.80
Power Grid Corp 319.60
Torrent Power 1605.70
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