Nava Bharat Ventures Inks Deal With Tata Power Arm

New Delhi: Nava Bharat Ventures on Saturday said it has entered into an arrangement with Tata Power Trading for supply of power to Telangana State Power Distribution Companies.

"Company entered into an arrangement with Tata Power Trading Company Ltd (TPTCL) for supply of power to Telangana State Power Distribution Companies (TSPCC/TSDISCOMS) back to back for the period from May 27, 2016 to May 25, 2017," Nava Bharat Ventures Ltd said in a filing to the BSE.

Nava Bharat is a diversified group with interests in power generation, ferro alloys, mining and agri-business.

The company operates in different geographies spanning across India, South East Asia and Africa.