Shares of Tata Power gained over 3 percent on the back of an order win by its arm in Russia.
Tata Power’s Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia.
"The subsidiary participated in the financial auction process at Petropavlovsk, Kamchatka today and was awarded a license at approximately USD 4.7 million," Tata Power said in a BSE filing.
Tata Power’s Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia.
"The subsidiary participated in the financial auction process at Petropavlovsk, Kamchatka today and was awarded a license at approximately USD 4.7 million," Tata Power said in a BSE filing.
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