Tata Power Grabs Attention: Secures $4 Billion Financing Deal with Asian Development Bank!

Tata Power Grabs Attention: Secures $4 Billion Financing Deal with Asian Development Bank!

Tata Power’s shares surged 2.01% to reach an intraday high of Rs 416.70 on Friday on the company’s announcement that it has signed a $4.25 billion memorandum of understanding (MoU) with the Asian Development Bank (ADB) to finance important clean energy power projects. The announcement of a historic partnership with the Asian Development Bank (ADB) … Read more

Tata Power Slips 2% Despite Sealing 5,000 MW Clean Energy Deal with Bhutan!

Tata Power Slips 2% Despite Sealing 5,000 MW Clean Energy Deal with Bhutan!

On Tuesday, November 19, Tata Power Company Ltd announced that it has partnered with Druk Green Power Corporation Ltd (DGPC), a division of Druk Holding and Investments Ltd, Bhutan’s only generation utility, to jointly develop at least 5,000 MW of clean energy generation capacity in the country. According to the statement, the collaboration will develop … Read more