19 August 2020 Tata Power (TPWR) highlighted its focus on addressing legacy issues with Over the past few months, the co.s deleveraging process has been preferential issue to Tata Sons. plans to continue with its asset monetization plans by exiting non-core assets and InvIT for renewables. expects the InvIT transaction to be completed this year. TPWR plans to reduce net debt to INR250b by the end of FY21 and sustain it at these levels. plans to simplify its holding structure and generate synergies from the merger of CGPL, Tata Power Solar, and Aftaab with TPWR. The process for the same requires the NCLTs approval (which could take 412 months). plans to reduce its debt by INR40b using preference and divestment-related proceeds, in turn generating interest cost savings of INR3.8b. In terms of the PPA amendment for CGPL, the benefit of compensatory tariff at current prices stands at INR2.5b.