Tata Mundra Power Plant

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  US Urges Top Court To Reverse Lower Court Order On Tata Mundra Project

  The Trump administration has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank, arguing that the US-based International Finance Corporation enjoys absolute immunity.

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  US Supreme Court To Hear Dispute Over Power Plant In Gujarat

  The US Supreme Court has agreed to take up an appeal by Indian villagers against a power plant in Gujarat, funded by US-based international finance institution, which has allegedly resulted in environmental damages.

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  Tata Power Puts Up Mundra Power Plant For Sale For One Rupee

  The Mundra project has outstanding loans of Rs 10,159 crore and lenders have stopped further disbursal due to non-viability of the project,

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  Tata Power Refinances Loan for Mundra Power Project

  Tata Power on Tuesday said it has refinanced Rs 3,864-crore loans for its 4,000-MW Mundra ultra mega power project (UMPP) in Gujarat, which it claimed would help the plant save around Rs 77 crore a year in interest cost.

• Tata Power, Adani Shut Some Units at Mundra: Report

  Some parts of the country might face significant electricity shortages with about 7,000 MW generation capacity getting impacted due to many power plants, including Mundra projects of the Adanis and the Tatas, shutting down some of their units.

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

  Tata Power managing director Anil Sardana told PTI that hike in electricity tariff would be in the range of 45-47 paise per unit. The final tariff would be around Rs 2.90.

• CERC order on tariff hike: Tata Power soars 7%; NTPC sinks 9%

  The CERC said Tata Power should be reimbursed Rs. 330 crore for the fiscal year 2013 that ended in March. It can also raise tariffs by Rs. 0.524 per unit for the current fiscal year for electricity generated from Mundra, the regulator said in an order dated February 21. The CERC has also granted compensatory tariff hike to Adani Power.

• Electricity regulator allows Rs 329-crore compensation for Tata Power's Mundra project

  The Central Electricity Regulatory Commission (CERC) has allowed higher tariff as well as compensation of Rs 329.45 crore for Tata Power's 4,000-MW Mundra project to compensate for increase in the price of imported coal.

• Highly volatile Indonesian coal caused fire at Mundra project: Tata Power

  Tata Power has said the susceptibility of Indonesian coal to spontaneous combustion was the main reason behind last month's fire incident at its 4,000 MW Mundra plant, where operations have been normalised.

• Tata Power stalls investment plans on tariff issue

  The electricity regulator in April allowed Tata Power, part of the salt-to-steel Tata conglomerate, to raise tariffs for power from its Mundra plant in Gujarat to compensate for the rising cost of coal from Indonesia.

• Tata Power jumps 6% after regulator allows tariff hike

  Shares of Tata Power Co rose as much as 5.9 per cent on Tuesday after India's central electricity regulator allowed the company to raise electricity tariffs on a temporary basis at its Mundra power plant in western India.

• CERC admits Sasan Power's petition seeking tariff revision

  Power sector regulator CERC today admitted a plea of Reliance Power's subsidiary for upward revision of tariff from its under-construction Sasan ultra-mega power project in Madhya Pradesh.

• Tata Power sees no tangible domestic biz; eyes overseas avenues

  With no "tangible business opportunities" in India, the country's largest power producer Tata Power is actively pursuing overseas avenues especially in Africa, Middle East, Turkey and South East Asia.

• Additional units to push Tata's Mundra UMPP losses higher: Moody's

  The losses at Tata Power's 4,000 MW Mundra project "will mount" with additional units getting commissioned since the company can only partially pass on fuel costs to consumers, global rating agency Moody's said today.

• Tata Power: Why shares are up for 3rd day

  Tata Power's Mundra plant in Gujarat runs on imported coal and has been suffering from mounting losses because the company cannot pass rising cost of coal to buyers.