Daily Archive: January 4, 2011

Tata Power cancels deal with Olympus

Tata Power has scrapped a $300-million worth stake sale agreement in two of its overseas coal mining arms to Hong Kong-based private equity fund Olympus Capital. The power company indicated that the deal was...

Orissa inks pacts for three power plants

The Orissa government Monday signed pacts with three private sector companies for setting up thermal power plants in the state with an estimated total investment of Rs.20,469.60 crore (about USD 4.5 billion) and capacity...