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Home Business Tata Power long-term borrowing at Rs 9.9K crore in FY20

Tata Power long-term borrowing at Rs 9.9K crore in FY20


NEW DELHI: Tata Power on Wednesday mentioned its long-term borrowings stood at Rs 9,927.89 crore on the finish of 2019-20.

Incremental borrowing of the corporate was Rs 3,410 crore within the final fiscal, in accordance with a press release by the corporate.

The firm mentioned that its precise borrowings executed by way of debt securities in final fiscal was Rs 1,720 crore in opposition to the obligatory borrowing to be executed by way of debt securities of Rs 852.50 crore.

Tata Power is an built-in energy firm and, along with its subsidiaries and collectively managed entities, has an put in capability of 10,763 MW.

With renewable energy belongings in photo voltaic and wind accounting for 30 per cent of the corporate’s portfolio, Tata Power is likely one of the chief in clear vitality technology.





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