Other Private Equity/Strategic Investments

Tata Power to acquire 40% stake in Bhutan’s Khorlochhu Hydro Power for Rs.830-Cr

Economic Times  

Tata Power Company is to acquire a 40% equity stake for INR 830 crore in Khorlochhu Hydro Power Ltd (KHPL).The move aims to develop the 600 MW Khorlochhu Hydropower Project in Bhutan with an investment of INR 6,900 crore. The first tranche would be completed tentatively in six months. The project will support Tata Power to accelerate its clean and green energy transition.

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