Currently, 110 KV and 220 KV lines serve Mumbai's demand of around 3,500 MW.
The backers of first fund, Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest have committed to invest in the second fund also.
The production is allocated to 11 companies.
The center will be set at Thiruvananthapuram campus of Tata Elxsi.
Tata Motors will provide these vehicles over a period of three years.
The 3 entities that will be merged in it are L&T Finance Limited, L&T Infra Credit Limited, and L&T Mutual Fund Trustee Limited.
SEBI had levied Rs 2 lakh penalty on Tata Steel for disclosure violations of Bhushan Steel.
The scheme is a fixed maturity fund and will invest in debt securities like Corporate Bonds, Non-convertible Debentures and Government Securities have Low volatility with minimal churn.
Amendment to end long term capital gains tax treatment of debt mutual funds put pressure on AMC stocks.
Tata Neu is the super app venture of Tata Group.