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TATAPOWER - Tata Power News Story

₹49.4 0.5  0.9%

Last Trade - 11:24am

Sector
Utilities
Size
Mid Cap
Market Cap £1.35bn
Enterprise Value £6.46bn
Revenue £2.97bn
Position in Universe 189th / 3002

BRIEF-Tata Power Company Says Unit Completes Signing Agreements For Sale Of 3 Capesize Ships At $212.76 Mln

Fri 12th June, 2020 8:59am
June 12 (Reuters) - Tata Power Company Ltd  TTPW.NS :
    * TATA POWER COMPANY- UNIT COMPLETED SIGNING AGREEMENTS WITH
OLDENDORFF CARRIERS GMBH & CO. KG, GERMANY FOR SALE OF 3
CAPESIZE SHIPS AT OF $212.76 MILLION
    * TATA POWER COMPANY LTD SAYS  TRANSACTION ALSO INCLUDES A
LONG-TERM FREIGHT CONTRACT WITH OLDENDORFF CARRIERS.
    * TATA POWER COMPANY LTD SAYS  SALE PROCEEDS WILL BE USED
FOR
REDUCING DEBT

Source text for Eikon:  ID:nBSEDjpD 
Further company coverage:  TTPW.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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