Tata Power Renewable Energy Ltd., established as part of Tata Power in India, focuses on building a sustainable future through renewable energy sources. The company is engaged in the generation and distribution of power, primarily from solar and wind resources, addressing the growing demand for clean energy solutions in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TPWRIN 7.75% 2030-05-30 INRTata Power Renewable Energy Ltd. | India | 2030-05-30 | 7.750 | 7.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tata Power Renewable Energy Ltd. commenced bond issuance in 2017 to raise funds for its expanding renewable projects. Notably, in 2021, they issued green bonds worth ₹1,000 crores to finance solar power initiatives, reflecting their commitment to sustainable financing. Currently, their bonds yield around 6.75%, which is competitive compared to the industry average of 7.5%. The company’s bonds often feature green certifications, enhancing their appeal among socially responsible investors.