Tata Power announced it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. INR 3,000 crores for setting up a greenfield 4GW Solar Cell and 4GW Solar Module manufacturing plant in Tirunelveli District of Tamil Nadu. The MoU outlines the commitment made by both parties to stimulate clean energy…
Tata Power and BlackRock Real Assets-led consortium, including Mubadala Investment Company (Mubadala), have entered into a binding agreement to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Limited (Tata Power Renewables). BlackRock Real Assets, together with Mubadala, shall invest ₹ 4,000 crore (~US$ 525 million) by way of equity / compulsorily convertible…
Tata Power announced it has been ranked among the top 20 companies in Indian Corporate Governance Scorecard for FY 21. The Scorecard has been developed by the Institutional Investor Advisory Services India Limited (IiAS) with support from the International Finance Corporation (IFC) and BSE Limited. Speaking on the achievement, Dr. Praveer Sinha, CEO & MD,…
Tata Power, India’s integrated power company, and Apollo Tyres Ltd, a tyre manufacturer company in India, have announced a strategic partnership for the deployment of public charging stations across India. These charging stations will be deployed at Apollo Tyres’ Commercial and Passenger Vehicle Zones spread across the country. Tata Power has a presence across all…
Tata Power and Indian Institute of Technology Madras (IITM) will collaborate in areas of research and development (R&D), consultancy, policy advocacy, advisory, training and commercialisation of technologies and solutions, amongst others. They have signed a Memorandum of Understanding (MoU) to facilitate this collaboration, the statement said. As a part of the MoU, Tata Power and…