Tata Power Update by Epic Research

Signs option agreement to sell 5 percent stake in KPC coal mine



Signs option pact to sell 30 percent share in KPC related power infrastructure companies



Signs option agreement to sell stakes to a Bakrie group entity



Consideration for company’s 5 percent stake in KPC at USD 250 million



To continue to hold 25 percent stake in Kaltim Prima Coal (KPC)



Deal to get additional cash flow, reduce consolidated debt



KPC stake sale deal not to hit company’s coal supply



Real Time News & Trading Trends Keep Liking Epic Research Private Limited



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Posted in: Indian Market Tips