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Tata Power Company acquires 100% stake in Jalpura Khurja Power Transmission

06 Apr 2024 Evaluate

Tata Power Company has signed Share Purchase Agreement and acquired 100% equity stake in Jalpura Khurja Power Transmission, a project special purpose vehicle. The objective of acquisition is to establish and operate Build-Own-Operate Transfer basis, to provide transmission service. The cost of acquisition is Rs 3.86 crore.

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


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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