The Tata Mundra-run private thermal power project, which since last year stopped supplying electricity to the Punjab State Power Corporation Limited (PSPCL) citing non-viability, has now asked the utility to pay more if it wants to draw power in view of high demand amid the ongoing coal crisis.
The plant, located at Mundra in Gujarat, has asked the corporation to shell out money which is 60% more than the price agreed in the power purchase agreement (PPA).
The power supply arrangement will be for a week, it is learnt.
The PSPCL has a share of 475 megawatt (MW) in the project’s total production capacity of 4,000 MW. According to the agreement, which was entered in 2007 and is valid for 25 years,
