CERC directs Tata Power arm to get discoms’ consent for Mundra PPA revision
The Central Electricity Regulatory Commission (CERC) has asked Coastal Gujarat Power (CGPL), the Tata Power arm that runs the troubled 4,150-MW Mundra ultra mega power plant, to send its proposal for tariff revision to all the electricity distribution companies (discoms) that procure power from its imported coal-based generating station. The company, on May 17, had sent such a proposal to Punjab State Power Corporation (PSPCL), which is currently evaluating the proposal.
CGPL had earlier requested the electricity regulator to direct the discoms to adopt revised power purchase agreements (PPA) to facilitate pass-through of future fuel price escalation, which CERC had not agreed to.
