Tata Power eyes $450 Million overseas Loan

is negotiating a $450 million five-year overseas loan, backed by shares of its offshore subsidiaries, to fund its expanding renewable energy business. The 5-year External Commercial Borrowing (ECB) will be backed by shares of the company's subsidiaries in Indonesia and Singapore. The company is tapping global credit markets amid lower borrowing costs and strong lender appetite, joining a broader trend of Indian firms raising cheaper overseas capital. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.