News for 'Tata Power SPVs Bhira Investments'

Tata Power calls off deal with Olympus

Tata Power calls off deal with Olympus

Rediff.com4 Jan 2011

India's largest private sector power producer, Tata Power Company, has called off its plan to sell 15 per cent stake in two special purpose vehicles (SPVs) owning coal mines in Indonesia to private equity (PE) firm Olympus Capital for $300 million (Rs1,392 crore).