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The Tata Power Company Limited - Rating outlook revised to 'Positive', Ratings Reaffirmed

The Tata Power Company Limited - Rating outlook revised to 'Positive', Ratings Reaffirmed
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Crisil Ratings upgrades outlook on Tata Power to positive

Crisil Ratings upgrades outlook on Tata Power to positive
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tata power: Crisil Ratings upgrades outlook on Tata Power to positive

The revision in outlook reflects the possibility of better-than-expected business risk profile, if the improvement in operating profitability in fiscal 2024, across power generation and distribution business, sustains along with a continuing healthy financial performance with consolidated net leverage (ratio of net debt to EBIDTA) remaining within rating threshold, it said. ....

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Electricity Demand, Shortage Hit Record

Electricity Demand, Shortage Hit Record
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Deadline for Adani Power's Rs 7,000 Crore Acquisition of DB Power Assets Expires

The acquisition of DB Power by Adani Power was expected to expand Adani Power's operations in the thermal power sector in Chhattisgarh. ....

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