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Tata Power to sell stake in Trust Energy Resources to Tata Power International


Both, TPIPL and TERPL, are wholly owned subsidiaries of Tata Power Company.
The company expects to complete the transaction in the next two to three weeks, subject to necessary regulatory approvals, if any. The agreement was signed on 22 July 2021 and the expected date of the completion of sale/disposal is 10 August 2021.
TERPL will continue to remain fully owned subsidiary of TPIPL and will merged into TPIPL in the due course, subject to the regulatory approvals, the company said in a statement.
TERPL s turnover for FY21 was $187 million, which is approximately 4% of the total consolidated turnover of Tata Power Company (TPCL) in FY21. ....

Energy Resources , Tata Power International , Tata Power Company , Trust Energy Resources , Tata Power , Capital Market , ஆற்றல் வளங்கள் , டாடா பவர் சர்வதேச , டாடா பவர் நிறுவனம் , நம்பிக்கை ஆற்றல் வளங்கள் , டாடா பவர் , மூலதனம் சந்தை ,

Tata Power to divest 100% stake in Trust Energy Resources to Tata Power International

Tata Power to divest 100% stake in Trust Energy Resources to Tata Power International
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Energy Resources , Tata Power International , Tata Power , Trust Energy Resources , Capital Market , ஆற்றல் வளங்கள் , டாடா பவர் சர்வதேச , டாடா பவர் , நம்பிக்கை ஆற்றல் வளங்கள் , மூலதனம் சந்தை ,