TATA Power Co Ltd to acquire renewable energy company

Q.  TATA Power Co Ltd on 12th June 2016 agreed to acquire renewable energy company, to grow its clean energy portfolio. Which company is this?
- Published on 15 Jun 16

a. Welspun Renewables Energy Pvt Ltd
b. Reliance Power
c. Honeywell
d. Suzlon

ANSWER: Welspun Renewables Energy Pvt Ltd
 
TATA Power Co Ltd on 12th June 2016 agreed to acquire renewable energy company Welspun Renewables Energy Pvt Ltd in a bid to grow clean energy portfolio to 2.3 GW
  • TATA Power’s renewable energy uni TATA Power Renewable Energy Ltd has signed an agreement to acquire Welspun Renewables Energy Pvt Ltd
  • This is the largest transaction in the renewables space in India and acquisition has been made at enterprise value of INR 9249 crore

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲