New Delhi, Feb. 13 -- Tata Power's green energy subsidiary, Tata Power Renewable Energy (TPREL) has signed a non-binding Memorandum of Understanding (MoU) with public sector behemoth Oil and Natural Gas Corporation (ONGC), for joint opportunities in the Battery Energy Storage System (BESS) space, as per a filing with the exchanges.

Tata Power shares closed at Rs.348.10 each on February 12, and now, ahead of the markets opening today, all eyes are on the stock amid news of The TPREL and ONGC collaboration.

On the last trading day, Tata Power opened at Rs.348.20 and closed slightly higher at Rs.349.05. Over the past year, the stock has seen a 52-week high of Rs.494.85 and a low of Rs.338.50, with a trading volume of 389,213 shares on the ...