Tata Power Renewable Energy receives 2nd tranche of investment

Tata Power Renewable Energy receives 2nd tranche of investment

by admin- Wednesday, March 1st, 2023 03:22:47 PM

 

Tata Power Renewable Energy a subsidiary of The Tata Power Company Ltd (Tata Power), has received the second one and final spherical of funding of Rs. 2,000 crore from GreenForest New Energies Bidco Ltd (GreenForest) and has correctly allocated 20,00,00,000 Compulsorily Convertible Preference Shares (CCPS) at
face price of Rs. One hundred each at par aggregating to Rs. 2,000 crore on a preferential basis to GreenForest.

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