We'd surely look at more stressed assets, but we'd be choosy: Tata Power

The firm has strict terms on coal supply, PPAs and quality of assets, and is being cautious about green energy projects as well

Tata Power, which was the first to win a stressed asset, is looking at more acquistions. The company has,  however, set strict conditions regarding coal supply, power purchase agreements and quality of assets. Tata Power is also being cautious about green energy projects, where it will only bid “sustainable tariff”.

“If there are good assets that have long term PPAs, fuel supply agreement, coal linkages, good equipment, good tariff, we would definitely look at them. We want to bring our operational capability, but we will be choosy. It would be through Resurgent,” Praveer Sinha, CEO, Tata Power told Business Standard.