Monday 2 December 2013

Tata Power to mop-up Rs 5,000 crore in the next three years

The country’s largest private power producer Tata Power is planning to mop-up around Rs 5,000 crore in the next three years through various routes. The fund raising options are likely to include possible sale of equity.

The company, which has an installed generation capacity of over 8,500 MW, has also embarked on ambitious expansion plans, including setting up projects in Vietnam and Georgia.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

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