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November 6, 2013

Tata Power eyes investment opportunities globally...

 

Tata Power scout for overseas investments

Tata Power is scouting for investment opportunities and assets overseas, according to reports.


The company reportedly said it would concentrate on Africa, Southeast Asia, the Middle East and the SAARC region.

“There are multiple reasons to make a foray into the international market,  Tata Power Managing Director Anil Sardana said.
Anil Sardana said "Firstly, land issues. Secondly, most States are claiming to become surplus,".

The company achieved financial closure of its 135 MW Amakhala wind project and 95 MW Tsitsikamma wind power projects in South Africa.

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