The Tata Power Company Limited announced the issue of unsecured, non-cumulative, redeemable, taxable, Listed, rated non-convertible debentures of INR 5,000 million through private placement. Total number of securities to be issued is 5,000 debentures. Tenure of the instrument is 7 years.

Date of allotment is January 12, 2016 and the maturity date is January 12, 2023.