Tata Power Company share news, announcements and annual reports
NSE: TATAPOWERBSE: 500400PowerLarge Cap
Tata Power Company Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1934 on BSE, Apr 1996 on NSE
Last close ₹345.05up ₹0.50 (0.15%)BSE ₹345.10
Share price at the NSE close on 30 Oct 2026. Previous close ₹344.55.
30 Oct: open ₹344.55, high ₹348.20, low ₹341.30
52-week range of traded prices to 30 Oct 2026
₹333.20Low, 26 Oct 2026₹464.90High, 28 Apr 2026
- Next results date: the board meets on 11 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,10,255 Cr81st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 28.54
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.79
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.72%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 10.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.50
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 35,35,79647.3% delivered
Tata Power Company share news and announcements
1,767 announcements, routine notices left out, newest first. Page 35 of 36.
Jun 2008
23 Jun · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated June 23 , 2008, titled "Tata Power's Net Profit up by 24.84% at Rs 869.90 Crores, Revenues up by 25.46% at Rs.5915.91 Crores, Steps up Dividend to Rs.10.50 per share". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 Jun · Meeting
Tata Power Co. Ltd. has informed the Exchange that the Board of Directors at its meeting held on June 23, 2008 have recommended a dividend @ 105% (Rs. 10.50 per share) to the shareholders for the year ended March 31, 2008. Further the Company has announced the Book Closure from August 21, 2008 to September 10, 2008 for the purpose of payment of dividend, if declared at the Annual General Meeting of the Company to be held on September 10, 2008.23 Jun · Results
Tata Power Co. Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 591591 lacs for year ending on 31-MAR-2008 against Rs. 471532 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 81131 lacs for the year ending on 31-MAR-2008 against Rs. 67397 lacs for the year ending on 31-MAR-2007.
May 2008
21 May · Board meeting
To consider inter alia the final accounts and recommendation of dividend (if any) for the year ended March 31, 2008.9 May · Updates
Tata Power Co. Ltd. had informed the Exchange regarding the allotment to Tata Sons Limited (TSL), on preferential basis of: (A) 98,94,000 Equity Shares of Rs.10/- each and (B) 1,03,89,000 Warrants which would entitle TSL to subscribe to Equity Shares of the Company after 1st April 2008 but not later than 18 months from the date of issue of the Warrants. The Company has now informed the Exchange that "In accordance with the said Guidelines, the conversion of Warrants into Equity Shares to be allotted to TSL would not be at a price lower than Rs.1,351.63 per Equity Share, if such right is exercised by TSL. In case of any corporate action such as Rights issue, Bonus issue etc. appropriate adjustments would be made to the number of Equity Shares arising out of Warrants and exercise price thereof, so however that the number of Equity Shares on exercise of Warrants will continue to represent not more than 5% of the enhanced capital at a price not lower than such adjusted price".
Apr 2008
29 Apr · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated April 29, 2008, titled "Tata Power refinances bridge loan taken for acquisition of 30% stakes in Coal Companies". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.24 Apr · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated April 24, 2008, titled "Tata Power Completes the Signing of Financial Agreements for 4000 MW Ultra Mega Power Project at Mundra, Gujarat; Consortium of Banks including multilateral agencies and Exim banks to finance the project". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Apr · Results
Tata Power Co. Ltd. has informed the Exchange that the Company will publish its audited results for the year ended March 31, 2008 within the specified period of three months from the close of the accounting year.7 Apr · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated April 07, 2008, titled "Tata Power synchronizes Unit 1 of 2 X 45 MW IPP Haldia Project in West Bengal". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
21 Feb · Disclosure
Tata Power Co. Ltd. has informed the Exchange that "In order to enable us to monitor any future change in his shareholding in excess of the prescribed limit under Regulation 13 of the SEBI (Insider Trading) Regulations, Mr Banmali Agrawala has informed us that on 15th February 2008 (the date of his appointment as Director and Executive Director of the Company), he does not hold any Equity Shares of our Company".20 Feb · Rating
Tata Power Co. Ltd. has informed the Exchange that: " CRISIL has assigned its 'AA/Stable/P1+' bank loan rating to the Company's bank facilities and has reaffirmed its outstanding rating on the Company's non-convertible debenture and shot-term debt programmes". The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.18 Feb · Updates
Tata Power Co. Ltd. has informed the Exchange that: "In order to enable us to monitor any future change in his shareholding in excess of the prescribed limit under Regulation 13 of the SEBI (Insider Trading) Regulations, Mr Deepak M Satwalekar has informed us that on 12th February 2008 (the date of his appointment as Director of the Company), he does not hold any Equity Shares of our Company".18 Feb · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated February 18, 2008, titled "Tata Power's Strategic Electronics Division and Thales Announce the Signing of MOU on Airborne Optronics". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Feb · Business
Tata Power Co. Ltd. has informed the Exchange that"Mr Deepak M Satwalekar has been appointed as an Additional Director on the Board of the Company with effect from 12th February 2008". A copy of the press release in connection to the above shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Feb · Disclosure
Tata Power Co. Ltd. has informed the Exchange that Mr S Padmanabhan has informed the company under Regulation 13 of the SEBI (Insider Trading) Regulations, that on 6th February 2008 (the date of his appointment as Additional Director and Executive Director of the Company), he does not hold any Equity Shares of the Company.5 Feb · Management
Tata Power Co. Ltd. has informed the Exchange regarding two press release dated February 05, 2008, titled "Mr. S. Padmanabhan appointed as Executive Director (Operations) of Tata Power" and "Mr. Banmali Agrawala appointed as Executive Director (Strategy and Business Development) of Tata Power". A copy of the press releases shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Feb · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated February 05, 2008, titled "Tata Power Completes the Financing for 1050 MW Maithon Right Bank Thermal Power Project". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
29 Jan · Management
Tata Power Co. Ltd. has submitted to the Exchange the auditor's report in respect of the audited financial results for the quarter ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Jan · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated January 29, 2008, titled "Tata Power Q3 Revenues up 18.3% at Rs. 1419.40 Crores, Profit Before Tax up for the Quarter by 48.2% at 196 Crores; Nine months PAT up 6.8% and Revenues up by 13.6%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Jan · Results
Tata Power Co. Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 141940 lacs for quarter ending on 31-DEC-2007 against Rs. 120051 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 19728 lacs for the quarter ending on 31-DEC-2007 against Rs. 27990 lacs for the quarter ending on 31-DEC-2006.22 Jan · Business
Tata Power Co. Ltd. has informed the Exchange that "With the acquisition of 73,60,000 Equity Shares of North Delhi Power Limited (NDPL) (representing 2% of its share capital), NDPL has become a subsidiary of the Company with immediate effect".19 Jan · Results
Tata Power Co. Ltd. has informed the Exchange that the Company has, vide Postal Ballot, obtained the approval of its Members by Special Resolution for: a) raising additional long term funds, b) commencement of new business and c) alteration of the Articles Association of the Company. Consequently, the Special Resolutions mentioned in the Notice of the Postal Ballot dated November 30, 2007 were passed by the requisite majority. A copy of the results of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Jan · Board meeting
To inter alia consider and take on record the audited financial results for the quarter ended December 31, 2007.
Dec 2007
19 Dec · Meeting
Tata Power Co. Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (passing of the resolution by postal ballot) Rules, 2001, the draft Special resolutions are proposed to be passed by Postal Ballot as follows: 1) Raising additional long term funds. 2) Commencement of new business and 3) Alteration of the Articles of Association of the Company. The Board of Directors has appointed Ms. Shirin Bharucha, as the Scrutinizer for conducting the Postal Ballot voting process in accordance with the law and in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before January 16, 2008. The Scrutinizer will submit the report to the Chairman of the Company after completion of scrutiny of the Postal Ballot Forms. The results of the Postal Ballot will be announced by any one of the Directors of the Company on or before January 18, 2008. A Copy of the Postal Ballot notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
30 Oct · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated October 30, 2007, titled "Tata Power Quarterly Revenues increases by 12.57% at Rs.1350.56 Crores, Net Profit increases 27.24% at Rs. 257.43 Crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Oct · Results
Tata Power Co. Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 135056 lacs for quarter ending on 30-SEP-2007 against Rs. 120083 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 25743 lacs for the quarter ending on 30-SEP-2007 against Rs. 20232 lacs for the quarter ending on 30-SEP-2006.8 Oct · Issue of Foreign Currency Convertible Bonds
Tata Power Co. Ltd. has informed the Exchange that "In 1995, the Company had issued 200,000 Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each aggregating to USD 200,000,000, due on 25th February 2010, convertible into Equity Shares. The Bonds are convertible at any time on or before 15th February 2010 by the holders into Equity Shares of par value of Rs.10 each at a conversion price of Rs.590.85 per Share at a fixed rate of exchange of Rs.43.38 = USD 1. The Company received requests for conversion of 10,952 FCCBs into Equity Shares. The Board of Directors of the Company has, on 5th October 2007, allotted 8,04,088 Equity Shares of Rs.10 each to the holders of these FCCBs".4 Oct · Board meeting
To inter alia consider and take on record the audited financial results for the quarter ended September 30, 2007.
Sep 2007
21 Sep · Miscellaneous
Tata Power Co. Ltd. has submitted to the Exchange a copy of the presentation being made by the Company to investors. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2007
24 Aug · Rating
Tata Power Co. Ltd. has informed the Exchange that: "Standard & Poor's (S&P) Ratings Services had placed the Company's corporate credit rating on Credit Watch with negative implications in May, 2007, post the Company's acquisition of Coastal Gujarat Power Limited, an SPV formed to execute the 4,000 MW Mundra project. S&Ps has now revised its rating from 'BB'+ to 'BB-', the outlook being Stable. At the same time, the rating on the Company's Senior Unsecured Bonds has also been revised from 'BB+' to 'BB-'. S&P's considers that the Company's expansion plans will substantially increase its consolidated debt and will result in a change in its credit parameters. At the same time, they believe that the Company's liquidity position is adequate. The stable outlook factors in the relative predictability in the Company's operating cash flows, stemming from its licensed businesses, stable operations and adequate liquidity. The Company is also expected to benefit from good access to financial resources and a well-staggered debt maturity profile. Earlier in July, 2007, Moody's, Crisil and ICRA have also revised their respective long-term ratings on the Company to similar levels, as intimated to you".10 Aug · Disclosure
Tata Power Co. Ltd. has informed the Exchange that: "In order to enable us to monitor any future change in his shareholding in excess of the prescribed limit under Regulation 13 of the SEBI (Insider Trading) Regulations, Mr Anil Kumar Sardana has informed us that on 9th August 2007 (the date of his appointment as Director of the Company), he does not hold any Equity Shares of our Company".10 Aug · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated August 10, 2007, titled "Tata Power signs contract with Toshiba Corporation for Turbine Generators for the first 4000 MW Ultra Mega Power Project at Mundra". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Aug · Management
Tata Power Co. Ltd. has informed the Exchange that "Mr. Anil Kumar Sardana has been appointed as an Additional Director of the Company effective 9th August 2007".3 Aug · Relinquishment of Directorship
Tata Power Co. Ltd. has informed the Exchange that: "Mr Anil Kumar Sardana will relinquish the office of Executive Director of the Company and will assume charge as Managing Director of Tata Teleservices Limited with effect from 3rd August 2007".
Jul 2007
26 Jul · Business
Tata Power Co. Ltd. has informed the Exchange regarding a press release dated July 26, 2007, titled "Tata Power's Q1 FY 08 Net Profit up 56% at Rs. 190.20 crore, Revenues Up 10% at Rs.1511.48 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.26 Jul · Results
Tata Power Co. Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 151148 lacs for quarter ending on 30-JUN-2007 against Rs. 137661 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 19020 lacs for the quarter ending on 30-JUN-2007 against Rs. 12185 lacs for the quarter ending on 30-JUN-2006.18 Jul · Management
Tata Power Co. Ltd. has informed the Exchange that "Mr G F Grove-White, Executive Director and Chief Operating Officer of the Company, has resigned from the services of the Company with effect from the close of business on 20th July 2007".17 Jul · Rating
Tata Power Co. Ltd. has informed the Exchange that: "ICRA Limited has revised the ratings on the Company's NCD programme aggregating Rs.15 billion from LAAA to LAA indicating high credit quality. The above rating, which was put under Rating Watch with negative implications in March 2007, has now been taken off the Rating Watch. The A1+ rating on the Short Term Debt programme aggregating Rs.5 billion has been retained. The A1+ rating signifies highest credit quality in the short term".16 Jul · Meeting
Tata Power Co. Ltd. has submitted to the Exchange a copy of the Notice of Annual General Meeting of the Company scheduled to be held on August 08, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Jul · Rating
Tata Power Co. Ltd. has informed the Exchange that CRISIL has revised its rating on the Company's Non-convertible Debentures to 'AA/Stable' from 'AAA/Rating Watch with Negative Implications'. The negative watch on the short-term debt rating of 'P1+' has also been removed and the rating reaffirmed. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Jul · Miscellaneous
Tata Power Co. Ltd. has informed the Exchange that "Moody's Investors Service has downgraded the corporate family rating of the Company to Ba3 from Ba1. At the same time, Moody's has downgraded the Company's senior unsecured bond rating B1 from Ba2. The ratings outlook is negative. As per Moody's Investors Service, the downgrade reflects the Company's aggressive capital expenditure plan in coming years to more than triple generation capacity from 2,323 MW to over 7,500 MW in the next few years. Such an aggressive plan will raise materially the Company's overall business and financial risk profile. At the same time, the rating continues to reflect the Company's status as the leading electricity supplier to the Mumbai license area, supported by sustainable growth in demand and creditworthy clients in Mumbai, all with good payment track records. Tariffs are set under a cost-plus rate of return structure, which enables the Company to pass on cost increases to customers and earn a stable rate of return. As such, the Mumbai business will continue to provide the Company with a stable and recurrent cash flow".3 Jul · Board meeting
To interalia consider and take on record the audited financial results for the quarter ended June 30, 2007.
Jun 2007
27 Jun · Business
Tata Power Co. Ltd. has informed the Exchange that: "The Company has completed acquisition of 30% equity stakes (the "Purchase") in major Indonesian thermal coal producers. PT Kaltim Prima Coal ("KPC") and PT Arutmin Indonesia ("Arutmin") (together the "Coal Companies"), as well as related trading companies owned by PT Bumi Resources Tbk ("Bumi").In order to complete this acquisition, a bridge loan facility has been provided by a group of Banks led by Barclays Bank PLC for the amount of USD 950 million. This bridge loan has a tenor of 1 year and is competitively priced for loans of such nature. The Company intends to refinance this bridge loan facility immediately after completion of the acquisition, and Barclays Bank PLC who has expressed interest in doing so, will be given preference. This bridge loan has enabled the Company to become a shareholder of the Coal Companies quickly, to help maximize shareholder value. The acquisition was made through two Special Purpose Vehicles (SPVs), one formed in Mauritius [Tata Power (Mauritius) Limited] and the other in Cyprus [Tata Power (Cyprus) Limited]." A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Jun · Results
Tata Power Co. Ltd. has informed the Exchange regarding the results of the Postal Ballot. The Special Resolution mentioned in the Notice of Postal Ballot dated May 04, 2007 was passed by the requisite majority. A copy of the results of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2007
31 May · Meeting
Tata Power Co. Ltd. has informed the Exchange that the Company has announced Book Closure from July 19, 2007 to August 08, 2007 for the purpose of payment of dividend, if declared at the Annual General Meeting of the Company to be held on August 08, 2007.31 May · Business
Tata Power Co. Ltd. has informed the Exchange that at the meeting of the Board of Directors of the Company held on May 30, 2007 the Directors have recommended a dividend @95% (Rs.9.50 per share) to the shareholders for the year ended March 31, 2007. Further the Company has issued a press release dated May 30, 2007, titled "Tata Power's Net Profit up by 14% at Rs.696.80 Crs Revenues up by 4% at Rs.4715 Crs, Steps up dividend to 95% ". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 May · Meeting
Tata Power Co. Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (passing of the resolution by postal ballot) Rules, 2001, the draft resolution is proposed to be passed by Postal Ballot. The Board of Directors has appointed Ms. Shirin Bharucha, Legal Advisor, as the Scrutinizer for conducting the Postal Ballot voting process in accordance with the law and in fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before June 18, 2007. The results of the Postal Ballot will be announced by any one of the Directors on or before June 19, 2007. The details of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 May · Business
Tata Power Co. Ltd. has informed the Exchange that "The Company has executed a contract for complete Boiler Island scope on EPC basis with Doosan Heavy Industries & Construction Co. Ltd., Korea for the first 4000 MW Ultra Mega Power Project (UMPP) at Mundra, Gujarat. In keeping with the pioneering spirit, the Company brings in the first 800 MW Unit to India, thereby ushering India into the era of 800 MW technology, which is further to the many firsts including 500 MW Unit brought for the first time to the country. The contract covers 45% of the total ordering under this project. This reinforces Tata Power's commitment to accelerate the pace of the project by not only ordering quickly but also tying up schedules which would advance the completion of the project ahead of the bid stipulation. Thus, contributing to the capacity addition even within the 11th Five-Year Plan". Further the Company has submitted to the Exchange a copy of the press release dated May 16, 2007, titled "Tata Power signs Contract for Boiler Island Scope on EPC basis with Doosan for first 4000 MW Mundra Ultra Mega Power Project". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 May · Rating
Tata Power Co. Ltd. has informed the Exchange that: "Standard & Poor's Ratings Services today (May 10, 2007) placed its 'BB+' long-term foreign and local currency corporate credit ratings on the Company on CreditWatch. To resolve the CreditWatch placement, Standard & Poor's is seeking further information on the schedule of the Company's projects and investments and on the proposed means of financing. Standard & Poor's expects to resolve the CreditWatch within six to eight weeks".7 May · Board meeting
To consider inter alia the final accounts and recommendation of dividend (if any) for the year ended March 31, 2007.