Tata Power has decided to restart its Mundra ultra mega power project (UMPP) units to supply low-cost electricity. This comes at a time when there’s rising demand for electricity from its five dedicated power-consuming states. The company had in March briefly shut three of its Mundra units over lack of revised tariff.
The private power producer will restart these units for the same reason it had shut them – lower tariffs.
“Considering India’s present condition when the country is hugely impacted by Covid-19, it is time for us to contribute to the might of the country in this nation-building exercise by supporting and running power plants like Mundra UMPP, which can provide low-cost power to consumers in these states,” Tata Power said in response to Business Standard on Tuesday.
