Bagging/Receiving of orders/contracts

Tata Power Company Limited has announced it received a Letter of Intent (LOI) for the acquisition of Ryapte Power Transmission Limited. This project special purpose vehicle (SPV) is being acquired from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited. This strategic acquisition signifies Tata Power's continued expansion within the power transmission sector. For investors, this move underscores the company's growth initiatives and potential strengthening of its market position.