SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power Company to acquire 40% equity stake in KHPL

29 Oct 2024 Evaluate

Tata Power Company has executed the Share Purchase Agreement with Khorlochhu Hydro Power (KHPL) and existing Shareholder of KHPL for acquisition of 40% equity stake in KHPL in one or more tranches. The objective of acquisition is development of the 600 MW Khorlochhu Hydropower Project in Bhutan at project cost of around Rs 6,900 crore.

This project will support Tata Power to accelerate its clean and green energy transition. The said acquisition will be completed on or before March 31, 2025, subject to fulfilment of conditions precedent to closing for first tranche. The remaining tranches will be made over a period of five years. The cost of acquisition is around Rs 830 crore, investment to be made in one or more tranches in equity stake.

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

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:

×