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CERC ruling to bring down Mundra project losses: Tata Power

Last Updated: Thursday, February 27, 2014, 12:10

The CERC ruling will help in reducing Mundra project's annual losses by Rs 1,100 crore, according to Tata Power.

CERC ruling to cut losses; tariff still competitive: Tata Power

Last Updated: Wednesday, February 26, 2014, 14:13

Describing the CERC ruling on Mundra project as partial relief, Tata Power on Wednesday said tariff of electricity generated from the plant would go up to Rs 2.90 per unit which still remains very competitive.

Tata's Mundra project tariff hike to be about 47 paise/unit

Last Updated: Tuesday, February 25, 2014, 19:32

Tata Power's Mundra UMPP will get about 47 paise per unit more following electricity regulator CERC allowing hike in tariff to mitigate the company's higher cost of imported fuel.

CERC order on Mundra UMPP likely this month-end: Tata Power

Last Updated: Wednesday, December 04, 2013, 15:10

Tata Power, nation's largest private power producer, has said the electricity regulator CERC's order for granting compensatory tariff for the company's Mundra project is likely to come up by month-end.

UBS downgrades Tata Power to 'sell' citing Mundra project

Last Updated: Thursday, October 17, 2013, 11:25

India's electricity regulator allowed Tata Power to raise tariffs for power generated at its Mundra plant in the state of Gujarat.

CERC for relief package to Adani Power's Mundra project

Last Updated: Wednesday, April 03, 2013, 15:09

The company had approached the Central Electricity Regulatory Commission (CERC) last year, seeking revision in tariff from its 1,980-MW Mundra project in Gujarat saying increase in imported fuel cost.

Adani Power expects to earn Rs 600 cr from carbon credits

Last Updated: Monday, September 10, 2012, 16:00

Adani Power on Monday said it expects to earn as much as Rs 600 crore from trading of carbon credits from two of its units at 4,620 MW Mundra project in Gujarat.

Tata Power approaches CERC;seeks higher tariff for Mundra UMPP

Last Updated: Tuesday, July 17, 2012, 16:02

Faced with losses at its 4,000 MW Mundra project due to expensive imported coal, Tata Power has moved the central electricity regulator CERC seeking higher tariff for power generated from the plant.

No decision on tariff could make Mundra proj an NPA: Tata Power

Last Updated: Sunday, February 05, 2012, 12:12

Amid costly Indonesian coal putting a question mark over the viability of many power projects, Tata Power has said the flagship 4,000-MW Mundra UMPP could become a "non-performing asset" if no decision is taken on increasing tariffs for electricity from the plant.

Tata Power staring at Rs 500 crore loss in 1st yr from Mundra

Last Updated: Wednesday, November 09, 2011, 16:34

Tata Power's 4,000-MW ultra mega project at Mundra, in Gujarat, is staring at an annual loss of Rs 500 crore in the very first year of commissioning due to the high cost of coal to be sourced from Indonesia.