Maharashtra, Punjab Cabinets to soon decide on tariff revision for Tata Power’s Mundra unit

The Maharashtra and Punjab governments are understood to be taking up a proposal with their respective Cabinets to provide relief to Tata Power’s troubled Mundra generation plant. The proposal is related to revision in tariffs for the 4,150 MW unit.

Gujarat had approved tariff hikes for electricity procured from the plant to compensate for abnormal rise in coal prices in Indonesia from where the company sources the fuel.