Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 4830)

2020-06-04 National

4830.

Tata Power Limited, an Indian electric utility company, has acquired how much stake in TP Central Odisha Distribution Ltd for a consideration of Rs 178.5 crore?

31%

41%

51%

61%

Answer: Option

Explanation:

Tata Power Limited, an Indian electric utility company, has acquired 51% stake in TP Central Odisha Distribution Ltd, a wholly-owned subsidiary of Grid Corporation of Odisha , for a consideration of Rs 178.5 crore. The remaining 49 % stake in TPCODL will be held by GRIDCO.