Tata Power has introduced thaat the of entirety of the Sale of its complete 50% stake in Cennergi (Pty) Limited (Cennergi), a South African joint undertaking held via Khopoli Investments Ltd (Khopoli) in Mauritius to Exxaro Resources Ltd (Exxaro), for an amount of ZAR 1,550 Mn. Plus additional nominal operating capital and other adjustments.
Cennergi turned into a 50:50 joint undertaking between Exxaro, a leading South African coal producer and Khopoli, a completely owned subsidiary of the Company.
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