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Tata Power cancels coal stake sale pact - Hindustan Times

Tata Power on Monday said it has terminated an agreement to raise $300 million (about R1,350 crore) through the sale of 14-15% stake in its two coal SPVs (special purpose vehicles) to private equity firm Olympus Capital Holdings Asia. HT reports.

Mumbai, tata power, coal, SPV, special purpose vehicle, private equity, Olympus Capital Holdings Asia, Bhira Investments Ltd, Bhivpuri Investments Ltd, news, india, hindustantimes

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30 Tata Power cancels coal stake sale pact - Hindustan Times
Tata Power on Monday said it has terminated an agreement to raise $300 million (about R1,350 crore) through the sale of 14-15% stake in its two coal SPVs (special purpose vehicles) to private equity firm Olympus Capital Holdings Asia. HT reports.

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