Tata Power Company Ltd.

Tata Power Company’s wholly owned subsidiary -- Trust Energy Resources Pte (TERPL), has completed signing of definitive agreements with Oldendorff Carriers GmbH & Co. KG, Germany for the sale of three capesize ships at a consideration of $212.76 million. The transaction also includes a long-term freight contract with Oldendorff Carriers.

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