Investor Presentaiton
TATA POWER
Transaction contours
Prior to the equity infusion, all businesses will be consolidated under TPREL through transfer of SPVs and certain
assets to TPREL.
First tranche for 2,000 crore equity infusion to be effected post the transfer and approvals. Second tranche of
2,000 crore to be infused within 6 months after the first infusion. Post infusion of both tranches, equity stake of
Blackrock & Mubadala will be 9.76%-11.43% depending on FY23 EBITDA
TATA
The first tranche is expected by June 2022. CCI approval and approvals under the PPAs are being sought prior to this
infusion
Tata Power Company Limited
TPREL (Utility + Rooftop)
BlackRock Real Assets + Mubadala
TPSSL
(EPC + Solar
Pumps)
SPVS
(Utility Scale
Generation)
EV Charging
Captive Cos.
SPV
(Manufacturing)
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