Tata Power Company Ltd.

Tata Power Company’s board has approved issuance in one or more tranches, of non-cumulative, redeemable, taxable, listed, rated securities in the form of Non-Convertible Debentures (NCDs) upto an aggregate amount not exceeding Rs 1,500 crore or its equivalent in one or more currencies on private placement basis from domestic / off-shore markets to any persons, entities, bodies corporate, companies, banks, financial institutions and any other categories of eligible investors permitted to invest in the Debt Securities under applicable laws. The board of directors of the company at its meeting held on May 19, 2020 has approved the same.

Tata Power Company is India’s largest integrated power company with a growing international presence.