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Tata Power Invests ₹50 Cr in First Tranche for 40% Stake in 1125 MW Bhutan Hydro Project
Tata Power has successfully completed the first tranche of its strategic investment in Dorjilung Hydro Power Limited (DHPL), acquiring a 40% equity stake for ₹50 crore. This is part of a larger planned investment of approximately ₹1,572 crore to develop a 1125 MW hydro power project in Bhutan. The total project cost is estimated at ₹13,100 crore, with Tata Power's remaining investment tranches to be deployed over the next six years. This move significantly strengthens the company's clean energy portfolio and international presence in the renewable sector.
Key Highlights
Acquired 40% equity stake in Bhutan-based Dorjilung Hydro Power Limited (DHPL) via 50,00,000 shares.
First tranche of ₹50 crore completed out of a total planned investment of ~₹1,572 crore.
The 1125 MW hydro project has an estimated total development cost of ~₹13,100 crore.
Remaining investment tranches are scheduled to be completed over a six-year period.
Strategic partnership with Druk Green Power Corporation Limited (DGPC) for green energy transition.
💼 Action for Investors
Investors should view this as a positive long-term strategic move that bolsters Tata Power's green energy credentials; however, keep in mind the long six-year gestation period for full project capital deployment.
Tata Power Partners with Salesforce to Scale Clean Energy; Solar Revenue Up 5x Since FY20
Tata Power has entered a strategic collaboration with Salesforce to integrate AI-driven CRM solutions across its rooftop solar, EV charging, and smart home businesses. This digital transformation aims to support the company's rapid scaling, following a 200% growth in the residential solar segment over the past two years. The partnership will utilize Salesforce's Agentforce platform to automate workflows and enhance customer engagement. This move aligns with Tata Power's goal to achieve Net Zero by 2045 and manage its expanding 16.3 GW portfolio more efficiently.
Key Highlights
Residential rooftop solar segment achieved over 200% growth in the last two financial years.
Solar portfolio revenues saw a fivefold (5x) increase between FY2020 and FY2025.
Deployment of Salesforce Agentforce AI tools to automate quality validation and customer service.
Tata Power currently operates a 16.3 GW portfolio, with 46% (7.5 GW) from clean energy.
The company serves approximately 13 million customers and aims for Net Zero by 2045.
💼 Action for Investors
The digital integration is a positive indicator of Tata Power's commitment to scaling its high-margin retail solar business efficiently. Long-term investors should maintain a positive outlook as the company leverages technology to maintain its leadership in the green energy transition.
Tata Power and University of Warwick Forge Strategic Alliance for New Energy Innovation
Tata Power has signed a Memorandum of Understanding (MoU) with the University of Warwick to collaborate on research and innovation in grid modernization, power storage, and industrial decarbonization. This alliance aims to leverage global academic expertise to accelerate Tata Power's transition toward its Net Zero 2045 target. The company currently operates a 16.3 GW portfolio, with 46% (7.5 GW) derived from clean energy sources. The partnership will also focus on AI-enabled energy systems and executive education to enhance technical capabilities for its 13 million customers.
Key Highlights
Strategic MoU signed for research in grid modernization, fast charging, and power storage solutions.
Supports Tata Power's 16.3 GW portfolio and its long-term goal of achieving Net Zero by 2045.
Clean energy currently accounts for 46% of total capacity, serving approximately 13 million customers.
Focus on AI-enabled modeling to enhance grid stability and efficiency for large-scale decarbonization.
💼 Action for Investors
This partnership strengthens Tata Power's R&D capabilities in the high-growth green energy sector. Long-term investors should view this as a positive step toward maintaining a competitive edge in EV infrastructure and smart grid technology.
Tata Power Seeks Approval for ₹32,254 Cr Related Party Transactions with Tata Projects & Tata Steel
Tata Power has issued a postal ballot notice seeking shareholder approval for several material related party transactions (RPTs) for the financial year 2026-27. The most significant proposal involves transactions with Tata Projects Limited for an aggregate value not exceeding ₹27,984 crore. Additionally, the company seeks approval for transactions with Tata Steel Limited up to ₹4,270 crore and various inter-subsidiary transactions within its renewable energy and Odisha distribution arms. These approvals are essential for the company's ongoing operational and infrastructure projects within the Tata Group ecosystem.
Key Highlights
Proposed Related Party Transaction with Tata Projects Limited capped at ₹27,984 crore for FY27
Proposed Related Party Transaction with Tata Steel Limited capped at ₹4,270 crore for FY27
Seeking approval for transactions between Tata Power Renewable Energy and subsidiaries TP Solar and TP Vardhaman Surya
Approval sought for Odisha Discoms (TPCODL and TPWODL) transactions with state-owned GRIDCO Limited
Remote e-voting period for shareholders is scheduled from February 17, 2026, to March 18, 2026
💼 Action for Investors
Investors should view these as routine but necessary regulatory approvals for a large conglomerate to execute its project pipeline. The significant value of the Tata Projects transaction indicates a high scale of planned capital expenditure and infrastructure work for the upcoming fiscal year.
Tata Power Q3 FY26 PAT at ₹1,194 Cr; EBITDA Grows 12% YoY to ₹3,913 Cr
Tata Power reported a resilient Q3 FY26 with EBITDA growing 12% YoY to ₹3,913 crores, driven by a surge in solar manufacturing and rooftop solar segments. Despite the Mundra plant being non-operational, which led to an ₹800 crore loss for the 9-month period, the company maintained a PAT of ₹1,194 crores. Solar manufacturing PAT jumped 124% YoY to ₹251 crores, while Odisha Discoms saw their profit rise to ₹226 crores from ₹86 crores. Management is nearing a final resolution for the Mundra plant with the Gujarat government, which is expected to restart operations shortly.
Key Highlights
Q3 EBITDA increased 12% YoY to ₹3,913 crores; 9M EBITDA reached ₹11,874 crores.
Solar manufacturing PAT surged to ₹251 crores in Q3 compared to ₹112 crores in the previous year.
Rooftop solar segment executed 372 MW in Q3, with PAT nearly doubling to ₹111 crores.
Mundra plant resolution with Gujarat is 99% complete; operations likely to resume by end of February 2026.
Net debt to underlying EBITDA remains stable at 3.4x with net debt to equity at 1.2x.
💼 Action for Investors
Investors should focus on the successful turnaround of the solar manufacturing unit and the imminent restart of the Mundra plant as key catalysts. The company's diversified growth in renewables and distribution makes it a core holding for long-term energy transition exposure.
Tata Power Q3 FY26 PAT at ₹1,194 Cr; RE Business PAT Surges 156% YoY
Tata Power reported a resilient Q3 FY26 with PAT at ₹1,194 crore and a 12% YoY growth in EBITDA to ₹3,913 crore, despite a 4% dip in quarterly revenue. The performance was primarily driven by the Renewable Energy segment, where PAT surged 156% to ₹547 crore, and the Distribution business, which saw a 167% PAT growth. The company achieved a significant milestone of 10 GW cumulative EPC renewable projects and secured $500 million in World Bank financing for its Bhutan hydro project. With 46% of its 16.3 GW capacity now in clean energy, the company remains on track for its Net Zero 2045 goal.
Key Highlights
Q3 FY26 PAT stood at ₹1,194 crore, while 9M FY26 PAT rose 7% YoY to ₹3,702 crore
Renewable Energy business PAT grew 156% YoY to ₹547 crore, supported by 1.3 GW project execution in Q3
Solar cell and module manufacturing PAT increased 124% YoY to ₹251 crore with high utilization levels
Distribution business PAT grew 167% YoY to ₹746 crore, driven by strong performance in Odisha DISCOMs
Secured $500 million World Bank financing for the 1,125 MW Dorjilung Hydro Power Project in Bhutan
💼 Action for Investors
Investors should note the rapid scaling of high-margin Renewable and Rooftop Solar segments which are successfully offsetting fluctuations in conventional revenue. The stock remains a strong long-term play on India's green energy transition and distribution efficiency improvements.
Tata Power 9M FY26 Revenue Hits ₹64,502 Cr; Clean Energy Pipeline Reaches 10 GW
Tata Power reported a robust performance for 9M FY26, with revenue increasing to ₹64,502 crore and EBITDA growing to ₹11,874 crore. The company is aggressively shifting its portfolio, with 10 GW of clean energy projects currently under construction, aiming for a 70% green capacity mix by 2030. With a total capacity of 26.3 GW (operational and under construction) and a distribution base of 13 million customers, the company is well-positioned for India's energy transition. Key growth metrics remain strong with an ROE of 11.2% and an EPS of ₹8.6 for the nine-month period.
Key Highlights
9M FY26 Revenue grew to ₹64,502 crore from ₹61,542 crore in the previous year.
EBITDA increased to ₹11,874 crore, while Reported PAT rose to ₹3,702 crore.
Total capacity stands at 26.3 GW, with 10 GW of clean and green energy currently under construction.
EV charging infrastructure expanded to 5,743 public points across 667 cities and towns.
Clean and green energy is expected to account for ~66% of total capacity post-completion of current projects.
💼 Action for Investors
Investors should focus on the company's successful transition toward a green energy major and its massive 10 GW execution pipeline. The steady growth in EBITDA and leadership in EV charging infrastructure make it a strong long-term pick in the utility sector.
Tata Power Q3 FY26 Results: Key Subsidiaries Post ₹418 Cr Profit; Legal Dispute Over $490M Award
Tata Power reported its financial results for the quarter ended December 31, 2025, showing steady operational performance across its major units. Six key subsidiaries contributed a combined revenue of ₹2,147.88 crore and a net profit of ₹418.64 crore for the quarter. However, the company is currently contesting an unfavorable arbitration award of USD 490.32 million in Singapore, for which no financial adjustments have been made yet. Investors should weigh the strong subsidiary growth against this significant potential legal liability.
Key Highlights
Six major subsidiaries reported Q3 revenue of ₹2,147.88 crore and net profit of ₹418.64 crore.
Nine-month (9M FY26) revenue for these subsidiaries reached ₹8,123.56 crore with a profit of ₹821.05 crore.
Group's share of profit from 2 associates and 5 joint ventures stood at ₹142.40 crore for the quarter.
Ongoing legal dispute regarding a USD 490.32 million arbitration award; application filed in Singapore to set it aside.
Trading window for company shares to reopen on February 7, 2026.
💼 Action for Investors
Maintain a watch on the stock as operational growth in renewables and distribution is healthy, but the $490 million arbitration outcome is a major risk factor. Await further clarity on the Singapore court proceedings before making aggressive new positions.
Tata Power Commissions 198 MW Wind Project in Tamil Nadu for Tata Steel
Tata Power Renewable Energy Limited (TPREL) has successfully commissioned a 198 MW wind project in Karur, Tamil Nadu, under the Group Captive model for Tata Steel. The project, consisting of 55 wind turbine generators, is expected to generate 31 million units of clean electricity annually. Notably, the project was executed through a self-EPC model, showcasing TPREL's in-house engineering capabilities with record-breaking construction speeds. This addition brings TPREL's total operational renewable capacity to 6.2 GW, contributing to Tata Power's goal of 100% clean energy by 2045.
Key Highlights
Commissioned 198 MW wind project in Karur, Tamil Nadu, featuring 55 turbines of 3.6 MW each.
Project will supply 31 million units (MUs) of clean power annually to Tata Steel, offsetting 26,350 tons of CO2.
Achieved record execution with foundations completed in 126 days and turbine installation in 167 days.
TPREL's total renewable capacity reaches 11.6 GW, with 6.2 GW operational and 5.8 GW under implementation.
Tata Power's total portfolio stands at 16.3 GW, with clean energy now constituting 46% of total capacity.
💼 Action for Investors
Investors should note Tata Power's increasing execution efficiency and the successful transition to a self-EPC model which can enhance margins. The steady growth in operational renewable capacity strengthens the company's long-term ESG and growth profile.
Tata Power Commissions 574 CKM Transmission Lines in UP, Enabling 3,000 MW Power Evacuation
Tata Power has successfully commissioned two major 765 kV transmission corridors in Uttar Pradesh, totaling 574 circuit kilometres. The Mainpuri–Bara (380 ckm) and Mainpuri–Unnao (194 ckm) lines will facilitate the evacuation of over 3,000 MW of thermal power, significantly enhancing grid stability. This project was part of the SEUPPTCL acquisition through Resurgent Power Ventures, a joint venture with ICICI Bank and global investors. With this commissioning, Tata Power's operational transmission portfolio reaches 5,312 ckm, with another 1,997 ckm currently under construction.
Key Highlights
Commissioned 574 CKM of 765 kV Extra High Voltage (EHV) transmission corridors in Uttar Pradesh
Enables large-scale evacuation of over 3,000 MW of thermal power generated within the state
Total operational transmission portfolio increased to 5,312 circuit kilometres
Project execution involved 42,000 metric tonnes of tower steel and 6,900 km of conductor stringing
Developed under the SEUPPTCL project acquired via Resurgent Power Ventures JV
💼 Action for Investors
Investors should note this as a successful execution of a stressed asset turnaround, which will contribute to steady regulated returns. The expansion of the transmission footprint strengthens Tata Power's position in the critical utility infrastructure segment.
Tata Power TPREL Crosses 10 GW EPC Milestone; Q3 FY26 Capacity Up 139% YoY
Tata Power Renewable Energy Limited (TPREL) has hit a major milestone of 10 GW in EPC project execution, split between 9.7 GW solar and 290 MW wind. The company demonstrated accelerated growth in FY26, commissioning 1.88 GW in the first nine months, a 33% YoY increase. Q3 FY26 was particularly strong with 941 MW commissioned, marking a 139% YoY jump. With a total utility-scale operational capacity of 6.0 GW and a target to add 0.75 GW more in FY26, the company is aggressively expanding its green footprint.
Key Highlights
Total EPC execution reached 10 GW, including 4.2 GW in-house and 5.8 GW third-party projects
9M FY26 commissioning rose 33% YoY to 1.88 GW compared to 1.4 GW in 9M FY25
Q3 FY26 saw record quarterly additions of 941 MW, a 139% increase over Q3 FY25
Utility-scale operational capacity stands at 6.0 GW, with 7.5 GW total clean energy generation
💼 Action for Investors
Maintain a positive outlook as the company successfully scales its renewable EPC business and utility portfolio. Monitor the progress of the remaining 0.75 GW target for FY26.
World Bank Approves Financing for 1,125 MW Dorjilung Hydropower Project Co-Owned by Tata Power
The World Bank Group has approved a comprehensive financing package for the 1,125 MW Dorjilung Hydropower Project in Bhutan, a joint venture where Tata Power holds a 40% stake. The project is expected to generate over 4,500 GWh of clean electricity annually, with approximately 80% of this output to be exported to India. Total financing from the World Bank Group includes $815 million in grants and loans distributed across the Bhutanese government and the project SPV. Tata Power Trading Company will manage the import and distribution of the power in India, enhancing the company's regional energy leadership.
Key Highlights
1,125 MW hydropower project co-owned by Tata Power (40%) and Bhutan's DGPC (60%)
World Bank Group approved $815 million in total financing through IDA, IBRD, and IFC
Project to generate 4,500 GWh annually, increasing Bhutan's energy capacity by nearly 40%
80% of generated power will be exported to India via Tata Power Trading Company Limited
Project supports Tata Power's strategic goal of achieving Net Zero by 2045
💼 Action for Investors
Investors should view this as a significant long-term growth driver that secures low-cost international financing for a massive renewable asset. Monitor the project's construction milestones as it strengthens Tata Power's position in the cross-border energy trade market.
Tata Power acquires 100% stake in JHPTL for ₹2.42 crore to expand transmission network
Tata Power has successfully completed the acquisition of a 100% equity stake in Jejuri Hinjewadi Power Transmission Limited (JHPTL) for a cash consideration of ₹2.42 crore. JHPTL is a Special Purpose Vehicle (SPV) dedicated to establishing a transmission system on a Build-Own-Operate-Transfer (BOOT) basis. The project involves the construction of a 115 km, 400 kV double-circuit line between Jejuri and Hinjewadi. This acquisition aligns with Tata Power's strategy to strengthen its footprint in the power transmission infrastructure sector.
Key Highlights
Acquired 100% equity stake in JHPTL for a total cash consideration of ₹2.42 crore
Project includes constructing approximately 115 km of 400 kV double-circuit (D/c) transmission line
Transmission system will connect Jejuri and Hinjewadi with extended 400 kV GIS line bays
Scheduled Date of Commercial Operation (SCOD) is set for 24 months from the date of acquisition
The acquisition has received all necessary approvals from the Ministry of Power
💼 Action for Investors
Investors should monitor the project's execution progress over the next 24 months as it adds to the company's regulated asset base. This is a strategic bolt-on acquisition that enhances Tata Power's transmission portfolio with minimal immediate capital outlay.
Tata Power Commissions 1,000 MVA Transmission Project in Greater Noida
Tata Power has successfully commissioned a 400/220 kV substation and transmission lines in Greater Noida through its subsidiary, TP Jalpura Khurja Transmission Limited. The project adds 1,000 MVA of transformation capacity to the Northern Grid, specifically targeting the high load demand in the NCR region. This marks the first major milestone under the Jalpura-Khurja TBCB project and was completed on schedule. The company's total transmission portfolio now stands at 7,047 circuit kilometers, reinforcing its presence in the power infrastructure segment.
Key Highlights
Added 1,000 MVA transformation capacity to the Northern Grid via a new 400/220 kV substation
Project executed by wholly-owned subsidiary TP Jalpura Khurja Transmission Limited under TBCB
Transmission portfolio expanded to 7,047 circuit kilometers operational and under execution
Strengthens power infrastructure in the high-demand Greater Noida and NCR regions
💼 Action for Investors
Investors should note this as a positive development in Tata Power's transmission business, which offers stable, long-term revenue visibility. The on-time execution further validates the company's operational efficiency in large-scale infrastructure projects.
Tata Power's TP Solar Produces 2.9 GW Modules and 2.8 GW Cells in 9M FY26
TP Solar Limited, a subsidiary of Tata Power, reported a significant ramp-up in manufacturing for the first nine months of FY26, producing 2.8 GW of solar cells and 2.9 GW of modules. Cell production in Q3 FY26 saw a massive 5x year-on-year increase to 940 MW, while module production reached 990 MW. The ₹4,300 crore Tirunelveli facility is now a key driver for the company's self-sufficiency in the solar value chain. This operational milestone supports Tata Power's broader goal of achieving a Net-Zero carbon future by 2045.
Key Highlights
Produced 2.9 GW of solar modules and 2.8 GW of solar cells in the 9-month period of FY26
Q3 FY26 solar cell production surged nearly 5x YoY to 940 MW from 196 MW
Q3 FY26 module production increased 7% YoY to 990 MW
The Tirunelveli facility represents a ₹4,300 crore investment with 4.3 GW total capacity
Facility utilizes advanced TOPCon and Mono PERC technologies for DCR and ALMM modules
💼 Action for Investors
This operational success strengthens Tata Power's backward integration and potential margin profile in the renewable sector. Investors should monitor the continued ramp-up to full capacity and its impact on consolidated earnings.
Tata Power Achieves Record 1 GWp Rooftop Solar Capacity in 9M FY26; 127% YoY Growth
Tata Power's renewable arm, TPREL, has achieved a significant milestone by installing 1 GWp of rooftop solar capacity in the first nine months of FY26, representing a 127% YoY growth. The company added 1.7 lakh new customers during this period, a sharp 345% increase compared to the previous year, bringing its total customer base to over 3 lakh. Cumulative installed capacity now exceeds 4 GWp, reinforcing its position as India's leading rooftop solar player. This growth is heavily supported by the government's PM Surya Ghar Yojana and strong execution in states like Gujarat and Maharashtra.
Key Highlights
Added 1 GWp rooftop solar capacity in 9M FY26, a 127% YoY growth over 444.78 MWp in 9M FY25
Customer base expanded by 1.7 lakh new additions in 9M FY26, a 345% YoY increase
Q3 FY26 alone saw 58,476 installations and 372 MWp capacity, growing 242% YoY
Cumulative rooftop solar installations now exceed 4 GWp across 3 lakh+ customers nationwide
Gujarat and Maharashtra lead in cumulative capacity with 525.81 MWp and 855.21 MWp respectively
💼 Action for Investors
Investors should view this as a strong indicator of Tata Power's dominant market share in the high-growth rooftop solar segment. The massive customer acquisition rate suggests long-term revenue potential and successful execution of the green energy transition strategy.
Tata Power Commissions India's Largest 1 GW DCR-Compliant Solar Project for SJVN
Tata Power Renewable Energy Limited (TPREL) has successfully commissioned a landmark 1 GW solar project for SJVN in Bikaner, Rajasthan. This project is the largest commissioned by TPREL to date and utilized 2.4 million solar modules manufactured at the company's own Tirunelveli facility. The project will supply clean power to Rajasthan, Jammu & Kashmir, and Uttarakhand, generating approximately 2,454.84 million units of green electricity annually. This milestone brings TPREL's total renewable utility-scale capacity to 11.6 GW, including 4.9 GW of third-party EPC projects.
Key Highlights
Commissioned 1 GW (1,000 MW AC / 1,400 MWp DC) solar project, the largest in TPREL's history.
Utilized 2.4 million DCR-compliant modules manufactured in-house at TP Solar Limited, Tirunelveli.
Total renewable utility-scale capacity reaches 11.6 GW, with 4.9 GW executed as third-party EPC.
Project expected to offset 1.74 million tonnes of CO2 and generate 2,454.84 million units of electricity annually.
Power supply allocated to Rajasthan (500 MW), Jammu & Kashmir (300 MW), and Uttarakhand (200 MW).
💼 Action for Investors
Investors should note this as a significant boost to Tata Power's EPC credentials and its vertical integration strategy. The successful execution of a project of this scale reinforces the company's leadership in the renewable energy transition and its ability to handle complex, large-scale utility projects.
Tata Power Allots ₹2,000 Crore NCDs at 7.05% and 7.25% Coupon Rates
Tata Power has successfully completed the allotment of Non-Convertible Debentures (NCDs) worth ₹2,000 crore through a private placement. The fundraise is divided into two series of ₹1,000 crore each, with tenors of 3 years and 5 years respectively. The coupon rates were discovered at 7.05% for the 3-year series and 7.25% for the 5-year series via the BSE Electronic Book Building Platform. This capital infusion will likely be utilized for the company's ongoing capital expenditure or to refinance existing high-cost debt.
Key Highlights
Total allotment of 2,00,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹2,000 crore.
Series I consists of ₹1,000 crore with a 7.05% coupon rate and a 3-year tenor.
Series II consists of ₹1,000 crore with a 7.25% coupon rate and a 5-year tenor.
The instruments are unsecured, senior, redeemable, and rated, to be listed on the BSE Wholesale Debt Market.
Funds were raised through a multiple yield allotment method on the Electronic Book Building Platform.
💼 Action for Investors
Investors should note the company's ability to raise large-scale debt at competitive interest rates, reflecting a strong credit profile. This liquidity supports Tata Power's aggressive expansion in the renewable energy sector.
Tata Power Invests ₹64 Cr in Third Tranche for 40% Stake in Khorlochhu Hydro Power
Tata Power has successfully completed the third tranche of its investment in Khorlochhu Hydro Power Limited (KHPL), investing ₹64 crore. This investment involved the subscription of 64,00,000 equity shares at ₹100 each, bringing the company's stake to 40% of the issued and paid-up capital. The total planned investment for this 40% equity stake is estimated at approximately ₹830 crore. This move is a strategic step in expanding Tata Power's renewable energy portfolio through hydro power projects.
Key Highlights
Invested ₹64 crore as the third tranche of the total acquisition process.
Subscribed to 64,00,000 equity shares of KHPL at a face value of ₹100 per share.
Total investment for the 40% equity stake is projected to be approximately ₹830 crore.
The acquisition secures a 40% ownership interest in Khorlochhu Hydro Power Limited.
💼 Action for Investors
Investors should view this as a positive reinforcement of Tata Power's commitment to green energy expansion. Maintain a long-term outlook as these hydro assets contribute to future capacity and ESG goals.
Tata Power to Issue ₹2000 Crore Non-Convertible Debentures (NCDs)
Tata Power Company Limited plans to issue Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative Non-Convertible Debentures (NCDs) on a private placement basis. The issue consists of 2,00,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹2000 crore. The NCDs are proposed to be listed on the Debt Segment of Bombay Stock Exchange of India Limited (BSE). The tenure will be either 3 years or 5 years from the deemed date of allotment, December 19, 2025.
Key Highlights
Issuance of 2,00,000 NCDs
Face Value of ₹1,00,000 per NCD
Total issue size of ₹2000 crore
NCDs to be listed on BSE
Tenure of NCDs: 3 years or 5 years
💼 Action for Investors
Investors should note the details of the NCD issuance and consider the fixed rate coupon offered based on price bidding at the Electronic Bidding Platform (EBP) of BSE. Monitor the allotment and listing on the BSE debt segment.