Power Sector News Roundup for March 24, 2026
Tata Power executes supplementary PPA for Mundra plant Tata Power has executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant. Identical agreements are set to be signed with Maharashtra, Rajasthan, Punjab, and Haryana, enabling full capacity revival. The revised structure allows fuel costs as a pass-through, addressing losses that had led to a shutdown of about nine months. Power generation is expected…