SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power ties-up around Rs 1,750 crore fund for 95 MW Tsitsikamma wind energy project

03 Jul 2013 Evaluate

Tata Power, the country’s largest integrated power company, has tied up funds for the 95 MW Tsitsikamma wind energy project located in South Africa, which is estimated to cost about Rs 1,750 crore. Cennergi tied up entire debt requirement for the project through Nedbank.

The project is being implemented by Cennergi, an equal joint venture between Tata Power and South Africa’s Exxaro Resources. The project of approximately Rand 2,905 million around Rs 1,750 crore is being funded through a debt-equity mix of 75:25. The project financing comprises of equity of Rand 726 million and term loans of Rand 2179 million.

The signing of financing agreements was completed on June 5, 2013. The company also completed pre-disbursement conditions under the financing agreements for availing interim disbursement and received the first loan disbursement on June 28, 2013.

Tata Power Share Price

435.70 2.05 (0.47%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 396.10
Tata Power 435.70
Adani Power 203.05
Power Grid Corp 319.30
Torrent Power 1622.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×