Tata Power Mundra Plant Supplementary Power Purchase Agreement
Sector: Power Generation (CCGT) • Location: Mundra, Gujarat, India
Source: The Financial Express
Tata Power's arm, Coastal Gujarat Power, which operates the Mundra plant, signed a supplementary power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Similar agreements are expected to follow with Maharashtra, Rajasthan, Punjab, and Haryana. These agreements aim to restore viability to the Mundra plant, which had been incurring losses during shutdown.
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Description
Description | Tata Power's arm, Coastal Gujarat Power, which operates the Mundra plant, signed a supplementary power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Similar agreements are expected to follow with Maharashtra, Rajasthan, Punjab, and Haryana. These agreements aim to restore viability to the Mundra plant, which had been incurring losses during shutdown. |
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Original Currency | USD |
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Data quality score | 100% |
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