The two power units in Gujarat using imported coal — Tata UMPP and Adani Mundra — might have a chance at revival as the Centre opens up merchant power sale for them in the middle of domestic coal supply shortages.
The two units have been in a constant tussle with five states to which they sell power over the compensation due to higher imported coal prices.
It is expected that Tata Power and Adani Power could make gains on selling on the power exchanges, especially since they are not selling power to any state on a long-term basis due to no clarity on tariffs.
