The Exchange had sought clarification from Tata Power Company Ltd with respect to news article appearing in The Financial Express titled "Tata Power too plugs into 5/25 scheme, near deal for Rs 10,000cr refinance".
The Exchange had sought clarification from Tata Power Company Ltd with respect to news article appearing in The Financial Express on June 10, 2015 titled "Tata Power too plugs into 5/25 scheme, near deal for Rs 10,000cr refinance".
Tata Power Company Ltd clarified that the company is in discussions with the Lenders consortium to refinance the loans of Coastal Gujarat Power Limited by extending the tenure of loan repayments for refinancing project loans.
The final approvals are yet to be obtained from lenders.
The final approvals are yet to be obtained from lenders.
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