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Tata power: may not be able to run mundra power project after February

Tata Power  will be forced to stop operating its imported coal-based Mundra ultra-mega power project after February unless its five consumer states allow pass-through of additional fuel cost to consumers, the company has told the Union power ministry.

The ministry, in turn, told Gujarat, Haryana, Rajasthan, Punjab and Maharashtra, which buy power from the Rs 18,000-crore plant, to decide on the matter latest by January 15, or deal with power shortage without Centre’s support, people aware of the development told ET.

Tata Power managing director and CEO Praveer Sinha declined to comment on the development. Read more

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