Bhira

Tata Power will sell its 30 percent stake in Indonesia-based coal company PT Arutmin for asharply lower consideration of $246.64 million afterentering into revised pacts that take into account certainprior liabilities.

Tata Power's wholly-owned subsidiary Bhira Investments Ltd today said it has redeemed $450 million (approximately Rs 2,700 crore) worth of loans to replace them with less costlier debt options.

Five people have died of heat stroke in Maharashtra and 40-plus temperatures have led to heat wave warning in parts of the state. Districts in central and north Maharashtra are worst affected.

Even as Maharashtra is reeling under intense heat, the Met department suspects that the unusually high temperature of 46.5 degrees Celsius recorded by a temperature mapping centre at Bhira in Raigad district could be wrong.

Village Bhira in Raigadh district of Maharashtra recorded an unusually high 46.5 degrees Celsius as several parts of the country reeled under sweltering heat on Wednesday.

Tata Power will sell its 30 percent stake in Indonesia-based coal company PT Arutmin for asharply lower consideration of $246.64 million afterentering into revised pacts that take into account certainprior liabilities.

The new facility is only secured against Corporate Guarantee by the company.

Tata Power's wholly-owned subsidiary Bhira Investments Ltd today said it has redeemed $450 million (approximately Rs 2,700 crore) worth of loans to replace them with less costlier debt options.

MUMBAI, APRIL 21Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

Tata Power will sell its 30 percent stake in Indonesia-based coal company PT Arutmin for asharply lower consideration of $246.64 million afterentering into revised pacts that take into account certainprior liabilities.

Tata Power's wholly-owned subsidiary Bhira Investments Ltd today said it has redeemed $450 million (approximately Rs 2,700 crore) worth of loans to replace them with less costlier debt options.

Five people have died of heat stroke in Maharashtra and 40-plus temperatures have led to heat wave warning in parts of the state. Districts in central and north Maharashtra are worst affected.

Even as Maharashtra is reeling under intense heat, the Met department suspects that the unusually high temperature of 46.5 degrees Celsius recorded by a temperature mapping centre at Bhira in Raigad district could be wrong.

Village Bhira in Raigadh district of Maharashtra recorded an unusually high 46.5 degrees Celsius as several parts of the country reeled under sweltering heat on Wednesday.

Tata Power will sell its 30 percent stake in Indonesia-based coal company PT Arutmin for asharply lower consideration of $246.64 million afterentering into revised pacts that take into account certainprior liabilities.

The new facility is only secured against Corporate Guarantee by the company.

Tata Power's wholly-owned subsidiary Bhira Investments Ltd today said it has redeemed $450 million (approximately Rs 2,700 crore) worth of loans to replace them with less costlier debt options.

MUMBAI, APRIL 21Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.