Tata Power mulls $450 million loan backed by offshore units

Tata Power is negotiating with banks for a significant overseas loan. The company seeks five-year funding backed by its subsidiary shares. This move aligns with Indian firms tapping global markets for capital. Easier funding costs and lender appetite are driving these borrowings. The loan will support Tata Power's expanding renewable energy investments.

Raccontata daeconomictimes.indiatimes.com