Tata Power cancels renewable resource deal with Petronas

• Indian power business Tata Power has reportedly aborted talks with Malaysian oil and also gas company Petroliam Nasional Berhad (Petronas) over a practically $2bn financial investment in its renewable energy service.

Indian power company Tata Power has actually reportedly cancelled talks with Malaysian oil and gas firm Petroliam Nasional Berhad (Petronas) over a practically $2bn financial investment in its renewable resource service.

The timeline for developing the entity has not yet been settled.

Today, Tata Power appointed India's largest natural ester-filled 110/33/22kV, 125MVA power transformer in the Mumbai Transmission network at the BKC getting station, with the purpose of boosting change capability with a minimal ecological impact.

In January, the company was contracted to construct a 320MW ground-mounted solar photovoltaic or pv task, expected to start business procedures next May.