Latest Tata Power Company Stories

2008-09-09 12:00:35

The Tata Power Company, an integrated power company, has decided to acquire 29.4 million ordinary shares of Geodynamics, representing 11.4% of the current issued share capital, equivalent to 10% of the increased share capital after allotment by Geodynamics. The shares will be acquired by Tata Power at an issued price of A$1.50 per share, entailing a total investment of A$44.1 million in absolute terms. As part of the investment, Tata Power will also get a directorship on the board of...

Word of the Day
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.