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We are pleased to share that Argus Partners has advised Tata Steel Limited on its investment in one of the biggest industrial RTC (Round-the-clock) hybrid renewable power projects in India under Group Captive Regime, being set up by TP Vardhaman Surya Limited (subsidiary of Tata Power Renewable Energy Limited). Tata Steel will invest 26% equity in the said project.
This investment will act as a significant step towards adoption of green energy and is aligned with Tata Steel`s vision of sustainability and reducing carbon emissions to achieve its net zero target by 2045.
The team at Argus Partners advising Tata Steel comprised Adity Chaudhury (Partner), Rachika Agrawal Sahay (Partner), Siddhant Satapathy (Senior Associate), Mrinal Mishra, Tushar Oberoy and Mahima Zamindar (Associates), assisted by Maladi Pranay, Mayuri Kalelkar, Srijoy Deb and Tanu Kankariya (Associates).
Read more at: Bar&Bench