Tata Teleservices (Maharashtra) has received approval for investment for an amount of around Rs 5.3 crore towards subscription for 26% stake in P&T Renewable Energy, a Special Purpose Vehicle (SPV) formed by Prabhat Renewable Energy and Agro for setting up Captive Solar Power Plant in Maharashtra.
The company proposes to sign an agreement for sourcing a portion of the company's power requirements for its locations at Turbhe, Pune, Nashik & Nagpur in Maharashtra. The Board of Directors of the company, at their meeting held on January 23, 2025, has approved the same.
Tata Teleservices (Maharashtra) (TTML) is a leading player in the connectivity and communication solutions market for SMEs.
