The Tata Power Company Limited (BSE:500400) is reportedly is in talks to acquire Diligent Power Private Limited, according to four individuals familiar with ongoing negotiations. Discussions have been held between Tata Power & D. B. Corp Limited (BSE:533151), though no final decision has been taken yet internally by Tata Power. Tata Power declined to comment and said "The company does not respond to market speculations.

We maintain that we are evaluating various options to create shareholder value."