05
Dec
21:07
Tata Steel increases captive power supply in India
Tata Steel has informed the Indian stock exchange that it has “… executed definitive agreements to acquire 74% equity shares of Bhubaneshwar Power Private Limited (BPPL) from JL Power Ventures Private Limited.”
This gives the steelmaker 100% ownership of the power generator in which it had previously held 26% together with its 100% subsidiary Tata Alloys. BPPL owns a 135 megawatt (2 x 67.5 MW) thermal power plant at Anantapur village in …
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Anonymous
Very good overview of the weekly steel market.
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