Petronas looks to acquire minority stake in Tata Power Renewable Energy

Malaysias state-run oil and gas company, Petroliam Nasional Bhd or Petronas is looking to acquire around 10% stake in Tata Power Renewable Energy Ltd (TPREL), said four people aware of the development. TPREL is a wholly-owned subsidiary of The Tata Power Company Ltd and its primary investment vehicle in clean energy space.

Sep 21, 2020 05:09 IST Source : livemint

Tata Power
Malaysias state-run oil and gas company, Petroliam Nasional Bhd or Petronas is looking to acquire around 10% stake in Tata Power Renewable Energy Ltd (TPREL), said four people aware of the development. TPREL is a wholly-owned subsidiary of The Tata Power Company Ltd and its primary investment vehicle in clean energy space.

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