Gujarat PPA

Tata Power’s long-idled Mundra thermal power plant is set to resume operations after the Gujarat cabinet approved a Supplementary Power Purchase Agreement for the facility. The company confirmed to stock exchanges on March 20 that the government order has been issued and that the formal agreement with Gujarat Urja Vikas Nigam Limited will be signed once the remaining regulatory clearances are in place. The Mundra plant, one of India’s largest imported coal-based power facilities with…