Tata Power completed the acquisition of 40% stake in KHPL for INR8.3bn.

Synopsis

Tata Power, an electric utility and electricity generation company, completed the acquisition of 40% stake in KHPL, an independent power producer, for INR8.3bn.

Principals

target

Khorlochhu Hydro Power

bidder

Tata Power Company

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Market Context

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Seller Team (1)

yeshi tenzin

CEO at KHORLOCHHU HYDRO POWER LIMITED

Manager

target

Deal

£ 76 M

Total Value

Bidder Team (1)

praveer sinha

CEO at TATA POWER COMPANY

Manager

bidder

Deals

£ 560 M

Total Value