{"id":279431,"date":"2019-06-25T05:59:10","date_gmt":"2019-06-25T05:59:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279431"},"modified":"2019-06-25T05:59:10","modified_gmt":"2019-06-25T05:59:10","slug":"tata-power-plans-to-pare-debt-with-rs-16000-cr-renewables-invit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-plans-to-pare-debt-with-rs-16000-cr-renewables-invit\/","title":{"rendered":"Tata Power plans to pare debt with Rs 16,000 cr renewables InViT"},"content":{"rendered":"<p>Mumbai: Tata PowerNSE 3.61 % is exploring the establishment of an infrastructure investment trustNSE -8.75 % (InvIT) for its near 3 gigawatt (GW) renewable energy portfolio to deleverage its balance sheet by a fourth and raise growth equity from investors, said people with knowledge of the matter. If it goes ahead, Tata Power will join Larsen and Toubro, Reliance IndustriesNSE 1.01 %, Sterlite and Piramal Enterprises in creating investment trusts for operational infrastructure assets. <\/p>\n<p>Tata Power, the country\u2019s largest integrated power company, has 2,549 MW of renewable capacity and a presence in 14 states across India. Another 400-500 MW is in the pipeline. It\u2019s largely a solar portfolio on account of its $1.4 billion acquisition of Welspun Energy\u2019s assets in June 2016. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Tata PowerNSE 3.61 % is exploring the establishment of an infrastructure investment trustNSE -8.75 % (InvIT) for its near 3 gigawatt (GW) renewable energy portfolio to deleverage its balance sheet by a fourth and raise growth equity from investors, said people with knowledge of the matter. If it goes ahead, Tata Power will join Larsen and Toubro, Reliance IndustriesNSE 1.01 %, Sterlite and Piramal Enterprises in creating investment trusts for operational infrastructure assets. Tata Power, the country\u2019s largest integrated power company, has 2,549 MW of renewable capacity and a presence in 14 states across India. Another 400-500 MW is [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-279431","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279431"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279431\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}