Tata Power, Adani set to pass on high fuel cost to Mumbai consumers
Tata Power and Adani Electricity may pass on the higher fuel adjustment charges (FAC) to the consumers in coming months as imported coal prices have risen over 200% since August last year.
According to industry sources power distributors have incurred higher fuel costs that needs to be adjusted soon before it surges further in coming months. Fuel costs are expected to remain high in the short term due to Russia-Ukraine conflict.
