Tata Power on Thursday posted over 22 per cent rise in consolidated net profit at Rs 318.41 crore for December quarter 2020-21, mainly on the back of higher revenues.
Tata Power on Thursday announced that it has taken over the management and operations of Odisha's power distribution utilities WESCO and SOUTHCO upon completion of the sale process.
Tata Power on Tuesday posted a 10 per cent increase in consolidated net profit at Rs 371 crore for the quarter ended September 2020.
The sale was completed as per a Scheme of Arrangement, which was approved by the National Company Law Tribunal at Mumbai and Hyderabad in December, 2019 and March, 2020 respectively.
Tata Power on Wednesday announced the receipt of a Letter of Award (LOA) from the Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 100 MW solar project in Dholera Solar Park of Gujarat.