Tata, Adani Mundra power plants may get to sell electricity on power exchanges
The power ministry is preparing to issue a statutory order allowing two plants with an aggregate capacity of 8,000 megawatts (MW) at Mundra in Gujarat to sell electricity on the power exchanges, in a bid to ease the coal and power supply situation, a senior official told ET.
Projects on India’s western coast, including these two 4,000 MW plants run by Tata Power NSE -0.23 % and Adani Power NSE 4.95 %, use imported coal, but are not operating now in the absence of compensation for high fuel cost, the official said.
