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A sharp decline in tax revenues, increase in spending on social security, medicare, record government spending on Covid-19 pandemic relief measures and rising interest rates raising the cost of borrowing, have resulted in the ballooning projections of the budget deficit.
National, 29th August, 2023: Tata Power Renewable Energy Limited (TPREL), a leading renewable energy company in India and a subsidiary of Tata Power, signed a Group Captive Power Delivery Agreement (PDA) for 4.4 MW AC with the ANAND Group, a global automotive systems and parts industry leader.
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