Tata Power Company has signed the Share Purchase Agreement (SPA) and acquired 100% equity stake in ERES-XXXIX Power Transmission (ERES-XXXIX), a special purpose vehicle (SPV). The objective of acquisition is to establish and operate Build-Own-Operate Transfer basis for providing transmission service. The cost of acquisition is Rs 18.56 crore.
Tata Power Company is India’s largest integrated power company. It is a pioneer credited with steering the energy sector on technology, process and platform.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
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