Adani Mundra tariff order fuels hope for the power sector

In a regulatory ruling which would remove the uncertainty over a host of mega power plants, the Central Electricity Regulatory Commission (CERC) has upheld Adani Power’s right to recover additional fuel costs arising from the recent hike in Indonesian coal price from those who buy electricity from its Mundra project. The ruling would mean that discoms in Haryana and Gujarat that buy power from the plant might have to pay almost R1 more for each unit of power from the plant.

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