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Tata Power mulling local acquisition opportunities

22 Jul 2013 Evaluate

In a bid to strengthen its footprint in domestic markets, Tata Power Company, the country's largest private electricity producer is mulling local acquisition opportunities. The company is also planning to strengthen its footprint in the solar and wind power segments through implementing new projects and acquisitions.

These acquisitions will help the company in leveraging its existing businesses in the power value chain. Further, the company is actively pursuing opportunities to acquire land in strategic markets in the country.

The company is engaged in executing power generation projects, across domestic and international geographies, having a cumulative capacity of 1,151 MW. These include 400 MW hydro plants in Georgia, 202 MW thermal project in Odisha and 234 wind plants in South Africa.

 

Tata Power Share Price

439.00 3.30 (0.76%)
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