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CERC’s Adani order has set precedent for Mundra tariff hike: Tata Power

Tata Power Company is confident of getting regulatory approvals for higher tariff for its loss-making Mundra ultra mega power project after the Central Electricity Regulatory Commission (CERC) has set a precedent by allowing Adani Power’s power plant in Mundra to pass through imported coal cost to power consumers, a top executive of Tata Power told ET.While Tata Power can expect a favourable outcome since its plea for higher tariff in also based on the same issue of escalation in coal prices, the company still has to get on board all the five state power distribution companies (discoms) it sells power to. Only once it has a consensus with the customers, can it file a petition with the regulator.“Once the tariff has been approved for one com.....

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