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CARE reaffirms ratings to Tata Power’s various instruments

08 Jan 2014 Evaluate

Credit rating agency, CARE has reaffirmed ‘AA’ ratings to Tata Power’s Perpetual Bond worth Rs 1,500 crore, Hybrid Bond worth Rs 1,500 crore and Perpetual Bonds worth Rs 210 crore.

The ratings on the instruments of Tata Power continue to reflect its strong position as an integrated power company. Tata power has a significant presence in generation, transmission and distribution of power.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 314.55
Tata Power 342.60
Adani Power 193.50
Power Grid Corpn. 252.00
Adani Energy Solut. 1313.15
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