Tata Power Acquires 40% Stake in Bhutan’s Khorlochhu Hydro Power for Rs 830 Crore

Tata Power Acquires 40% Stake in Bhutan’s Khorlochhu Hydro Power for Rs 830 Crore

Tata Power announced that it has acquired a 40% equity stake in Bhutan-based Khorlochhu Hydro Power Limited (KHPL) for approximately Rs 830 crore. This strategic acquisition was formalized through a Share Purchase Agreement between Tata Power, the existing shareholders of KHPL, and KHPL itself, as reported in the company’s exchange filing. Board Approval and Acquisition … Read more

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