{"id":331440,"date":"2020-01-30T11:26:46","date_gmt":"2020-01-30T05:56:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=331440"},"modified":"2020-01-30T11:26:46","modified_gmt":"2020-01-30T05:56:46","slug":"all-eyes-now-on-tariff-resolution-as-tata%e2%80%8a-powers%e2%80%8a-mundra%e2%80%8a-pain%e2%80%8a-recedes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/all-eyes-now-on-tariff-resolution-as-tata%e2%80%8a-powers%e2%80%8a-mundra%e2%80%8a-pain%e2%80%8a-recedes\/","title":{"rendered":"All eyes now on tariff resolution as Tata\u200a Power\u2019s\u200a Mundra\u200a pain\u200a recedes"},"content":{"rendered":"<p>Tata Power Co. Ltd\u2019s shares have trailed benchmark indices by a wide margin in the past one year, with the company\u2019s efforts to contain losses at its Mundra power plant dragging on.<\/p>\n<p>However, the December quarter results show a significant improvement in the financial performance of the troubled unit.<\/p>\n<p>Cost under-recovery at the Mundra power plant dropped to 32 paise per unit in Q3, from 93 paise per unit a year ago, because of low coal prices. As a result, operating profit at the plant improved to \u20b9261 crore, just \u20b930 crore short of its finance costs. This is the closest the Mundra power plant has reached to generating its finance costs in recent quarters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power Co. Ltd\u2019s shares have trailed benchmark indices by a wide margin in the past one year, with the company\u2019s efforts to contain losses at its Mundra power plant dragging on. However, the December quarter results show a significant improvement in the financial performance of the troubled unit. Cost under-recovery at the Mundra power plant dropped to 32 paise per unit in Q3, from 93 paise per unit a year ago, because of low coal prices. As a result, operating profit at the plant improved to \u20b9261 crore, just \u20b930 crore short of its finance costs. This is the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-331440","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=331440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=331440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=331440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=331440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}