AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Tata Power's ratings to remain under review for possible downgrade, says Moody's.
(From AFX Europe (Focus))
LONDON (AFX) - Moody's Investors Service said it continues to review for possible downgrade Tata Power Co Ltd's (TPC) 'Ba1' corporate family rating, and 'Ba2' senior unsecured debt rating.
The rating action follows the company's announcement that it plans to buy 30 pct stakes in two major Indonesian thermal coal producers and a related trading company.
The company expects to acquire the Indonesian companies through an offshore special purpose vehicle, while funding will be through a mix of debt in the SPV, internal accruals and borrowings from TPC itself.
"To the extent that the acquisition is majority debt-funded, TPC's consolidated debt level could double from 1 ...
- India's Tata Power Trading Company Limited Selects SunGard's ZaiNet to Automate...
- Press release article from: PR Newswire December 16, 2008 700+ words
HOUSTON, Dec. 16 /PRNewswire/ -- Tata Power Trading Company Limited (Tata Power Trading), part of the Tata Group of companies...plans for continued growth in India and beyond. Tata Power Trading selected SunGard because of its global...
- INDIA'S TATA POWER SELECTS SUNGARD'S ZAINET TO AUTOMATE TRADING.
- News wire article from: AsiaPulse News December 17, 2008 700+ words
...below.) MEDIA RELEASE PR32981 India's Tata Power Trading Company Limited Selects SunGard...HOUSTON, Dec. 16 /PRNewswire-AsiaNet/ -- Tata Power Trading Company Limited (Tata Power Trading), part of the Tata Group of companies...
- Tata Power Selects Sycamore's Intelligent Optical Transport Equipment for Metro...
- Press release article from: Business Wire March 28, 2001 700+ words
...transport system (MC) has been selected by Tata Power Companies Limited (TPCL) to build out...installation and customer support services. Tata Power plans to use Sycamore's SN 8000 MC...architecture of the SN 8000 MC will enable Tata Power to build a metro network backbone from...
- HC quashes Tata Power's plea on Sasan coal diversion.
- News wire article from: PTI - The Press Trust of India Ltd. April 13, 2009 700+ words
HC quashes Tata Power's plea on Sasan coal diversion New...Court today dismissed a petition by Tata Power challenging permission to Anil Ambani...Justice Siddharth Mridul dismissed Tata Power's petition and noted that there is...
- Tejas Networks Wins Its First Customer: Tata Power to Deploy TJ 100 Access...
- Press release article from: Business Wire March 28, 2001 700+ words
...BUSINESS WIRE)--March 28, 2001 Tata Power Selects Tejas Networks to Provide an...optical access product has been selected by Tata Power Company Limited (TPCL) to be deployed...network in Mumbai, India. This follows Tata Power's selection of Sycamore Networks...
- The Bank of New York Mellon Appointed as Depositary Bank by The Tata Power...
- Press release article from: PR Newswire July 28, 2009 700+ words
...securities servicing, has been selected by The Tata Power Company Ltd. (Tata Power) as the depositary bank for its Global Depositary Receipt (GDR) program. Each Tata Power GDR represents one equity share. The GDRs are...
- India: Tata Power May Buy Thermal Coal From Riversdale Mine.
- News wire article from: TendersInfo October 31, 2009 700+ words
Byline: prashant03 Tata Power Co., India s biggest electricity...Mining Ltd. to secure fuel supplies. Tata Power is one of the many interested Indian...of the product s energy content. Tata Power, which said yesterday second-quarter...
- SC allows Tata Power to supply power to retail consumers.
- News wire article from: PTI - The Press Trust of India Ltd. July 8, 2008 700+ words
SC allows Tata Power to supply power to retail consumers...The Supreme Court today allowed Tata Power Company Ltd (TPC) to supply electricity...Reliance Energy's contention that Tata Power had licence to supply power only to...