Tata Power Company Ltd.

BSE: 500400 | NSE: TATAPOWER
Large Cap | Power Generation/Distribution
433.65
6.20 (1.45%)
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Tata Power’s arm inks agreement with Trust Energy Resources

Date: 26-03-2019

Tata Power Company’s wholly owned subsidiary -- Coastal Gujarat Power (CGPL) has signed a Share Purchase Agreement (SPA) with Trust Energy Resources (TERPL), another wholly owned subsidiary of the Company to sell its 100% equity stake in Energy Eastern (EEPL) a wholly owned subsidiary of CGPL.

Tata Power Company is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.