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Discoms not cooperating despite HC order: CAG

Last Updated: Monday, March 03, 2014, 15:04

The Comptroller and Auditor General and Delhi government Monday told the Delhi High Court that the three discoms are violating its order by not cooperating with the auditing body.

Tata Power to raise about Rs 2,000 cr through rights issue

Last Updated: Friday, February 28, 2014, 14:28

Tata Power has an operational capacity of more than 8,560 MW.

Tata Power signs pact to sell 30% stake in Indonesian firm

Last Updated: Thursday, February 27, 2014, 19:00

The transaction is part of the USD 500 million deal to exit Indonesian coal company PT Arutmin and associated coal trading and infrastructure companies. The deal was announced on January 31.

CERC ruling to bring down Mundra project losses: Tata Power

Last Updated: Thursday, February 27, 2014, 12:10

The CERC ruling will help in reducing Mundra project's annual losses by Rs 1,100 crore, according to Tata Power.

Tata Power, RInfra suppressed taxes worth Rs 434 cr: AAP

Last Updated: Thursday, February 27, 2014, 02:06

AAP today accused Reliance Infrastructure (RInfra) and Tata Power of misrepresenting taxes and putting a burden of Rs 434 crore on consumers over the last three years, a charge strongly denied by the two private power distribution companies.

Tata Power generates 3,212 million units of electricity in Q3

Last Updated: Wednesday, February 26, 2014, 19:14

The company produced 10,513 million units in first nine months of 2013-14 (April-December), according to a statement.

CERC ruling to reduce Mundra losses by Rs 400 cr: Tata Power

Last Updated: Wednesday, February 26, 2014, 19:03

The country's largest private power producer also said that tariff for the 4,000 MW Mundra project, which would go up to Rs 2.90 per unit still remains very competitive.

CERC ruling to cut losses; tariff still competitive: Tata Power

Last Updated: Wednesday, February 26, 2014, 14:13

Describing the CERC ruling on Mundra project as partial relief, Tata Power on Wednesday said tariff of electricity generated from the plant would go up to Rs 2.90 per unit which still remains very competitive.

Tata's Mundra project tariff hike to be about 47 paise/unit

Last Updated: Tuesday, February 25, 2014, 19:32

Tata Power's Mundra UMPP will get about 47 paise per unit more following electricity regulator CERC allowing hike in tariff to mitigate the company's higher cost of imported fuel.

Sensex at 1-month high; NTPC tanks 11%, Tata Power gains 5%

Last Updated: Monday, February 24, 2014, 17:36

Sensex on Monday rose by 111 points to end at one-month high of 20,811.44 on buying in capital goods, banking, pharma and auto stocks on signs of continued capital inflows, though global trends were weak.

Tata Power jumps 7%, Adani Power up 5% on CERC order

Last Updated: Monday, February 24, 2014, 12:00

Shares of power producers Tata Power and Adani Power surged in morning trade on the bourses after the electricity regulator CERC allowed them higher tariff and total compensation for their Mundra power projects.

NTPC falls to 5-year low on electricity pricing rules

Last Updated: Monday, February 24, 2014, 11:15

NTPC shares slumped as much as 11.2 percent, their lowest level since October 27, 2008, but Tata Power and Adani Power surged after the electricity regulator`s ruling on pricing.