Tata Power

  • Tata Power to buy BP’s stake in Tata BP solar

    Tata Power to buy BP’s stake in Tata BP solar

    Tata Power Company Limited has signed a deal with BP alternative energy holdings to acquire the latter’s 51percent stake and preference shares in Tata BP Solar India Private Limited.Following the acquisition, Tata Power would own 100percent stake in Tata BP Solar.The former would have access to certain BP technologies till 2013 and an agreement  for…