Tata Power seeks renewable portfolio investors
Indian firm plans to bring in investors through an infrastructure investment trust in a bid to cut debt
28 November 2019 - 16:17
Mumbai — India’s Tata Power, the power generation arm of the salt-to-software Tata Group, wants to sell a stake in its renewable energy portfolio to global investors, CEO Praveer Sinha says.
The company is examining the option of bringing in global investors through an infrastructure investment trust, commonly called an InvIT, Sinha said, adding the funds would help the company reduce debt...
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