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14 MAY 2021 02:20 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE
Vivek Iyer
In a free flowing interview with ET NOW, The management of Tata Power highlighted multiple aspects of the operating business environment they were currently dealing with and how they are overcoming multiple challenges
Key highlights
• Focusing mainly on renewable order book capacity addition
• We have demonstrated strong growth in renewable capacity addition
• Have reduced debt significantly after divesting assets outside India
• Balance sheet currently is very healthy
• Focused on scaling up renewable portfolio fast
• In next few months will be able to share developments for renewable portfolio asset Monetisation
• “Mundra initiatives include significant steps taken to reduce under recovery
• Will see benefits of interest rate reductions going forward”
• Indonesian Coal prices have gone up, giving good visibility for our mining operation
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