fuel cost pass-through

Tata Power has formally executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant, filing a disclosure with BSE and NSE this morning under Regulation 30 of the SEBI (LODR) Regulations, 2015. The filing confirms that identical agreements are now set to be executed with Maharashtra, Rajasthan, Punjab, and Haryana, which would bring the full capacity of the plant back onto the grid….