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Tata Power arm closes USD 30-mn stake sale in OTP Geothermal

Tata Power today said its Singapore-based subsidiary Tata Power International Pte (TPIPL) has completed sale of its 50 per cent stake in OTP Geothermal Pte to KS Orka Renewables (KS Orka) for USD 30 million.

Delhi govt mulling revoking licences of BSES discoms

Delhi govt mulling revoking licences of BSES discoms

The Delhi government is considering revoking the licences of BSES discoms due to their "dismal" performance.

Power tariff likely to go up by 8-10%: Know why!

Power tariff likely to go up by 8-10%: Know why!

Power tariff is likely to increase by 8-10 percent in the country after Coal India decided to hike the commodity's prices, Tata Power CEO and Managing Director Anil Sardana has said.

Working towards a technology which enables consumer to control electrical appliances at home sitting in office: TPDDL CEO Praveer Sinha

We are below 9 percent now. The losses have been brought down from 53 percent when Tata Power took over in 2002.

Buyout group to back rival's bid for Tata's UK steel assets - Sources

Buyout group to back rival's bid for Tata's UK steel assets - Sources

Excalibur Steel, a management buyout group interested in purchasing Tata Steel`s British steelmaking operations, is ready to lend its support to rival bidder Liberty House, two industry sources told Reuters on Sunday.

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Tatas expect FY16 defence revenue to grow 7.5% to Rs 2,650 crore

Diversified Tata Group today said it expects to close fiscal 2016 with a 7.5 percent growth in revenue from the defence and aerospace sector at Rs 2,650 crore and with the government focusing on localising the sourcing, it affirmed the commitment to invest in the space

Rs 1,600 cr gas auction for 24GW plants to begin today

This is the third reverse e-auction for subsidy support for buying 10 million standard cubic meters per day of gas will be held on March 15 and 16.

Tata Power's Q3 profit slides 88% on coal inventory losses

In terms of installed power generation capacity, Tata Power is the second-largest private electricity generator after Adani Power at 10,440 MW.

Tata Power begins work to setup Rs 450-cr defence manufacturing facility

Tata Power Tuesday started work to set up its Rs 450 crore defence manufacturing facility in Karnataka with the state's Chief Minister Siddaramaiah laying its foundation stone.

Tata Power Q1 profits fall 5 percent

Total income from operations also fell by Rs.67.2 crore on a quarter-on-quarter basis.

Tata Power eyes stressed assets for growth: Cyrus Mistry

At the peak of project delays during the previous regime, due to lack of fuel linkages and green clearances, Tata Power had gone public.

Tata, Reliance and Mahavitaran hike power tariff in Maharashtra

The Mumbai electricity regulatory authority has allowed three utilities Tata Power, Reliance Infrastructure and Mahavitaran to increase their tariff with effect from this month.

Lupin to replace Tata Power on Sensex from Monday

Besides, a host of changes would also be effective in various other indices, where Adani Power would be dropped from the BSE 100 index.

Power demand touches record 5,846 MW in Delhi

Surpassing all previous records, the peak power demand on Friday touched 5,846 MW in the national capital, as Delhiites reeled under an intense heat wave conditions.

Tata Power talks to lenders to refinance Mundra UMPP loans

"We are in discussion with the lenders' consortium to refinance the loans of Coastal Gujarat Power by extending the tenure of loan repayments," Tata Power said in a filing to the BSE.

BSE drops Tata Power from Sensex; Lupin to come in

Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.

Tata Power shares up 2% as firm swings into profit

Shares of Tata Power on Wednesday ended nearly 2 percent higher after the company swung into consolidated net profit of Rs 159.14 crore for the fourth quarter of 2014-15 fiscal.

Tata Power shares up over 5% on logging in Q4 profits

Shares of Tata Power on Wednesday gained over 5 percent as the company posted consolidated net profit of Rs 159.14 crore for the fourth quarter of 2014-15 fiscal.

Tata Power posts Rs 159 cr net profit for Q4 FY15

Tata Power Tuesday posted a consolidated net profit of Rs 159.14 crore for the January-March quarter of 2014-15 against a loss of Rs 145.33 crore in the same quarter of previous fiscal.