{"id":339924,"date":"2020-03-02T11:57:17","date_gmt":"2020-03-02T06:27:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=339924"},"modified":"2020-03-02T11:57:17","modified_gmt":"2020-03-02T06:27:17","slug":"tata-powers-tough-stance-on-mundra-plant-does-nothing-to-power-up-stock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-powers-tough-stance-on-mundra-plant-does-nothing-to-power-up-stock\/","title":{"rendered":"Tata Power\u2019s tough stance on Mundra plant does nothing to power up stock"},"content":{"rendered":"<p>Tata Power Co. Ltd\u2019s threat to snap electricity connections from the loss-making Mundra plant if states do not revise tariffs did little to quell investor concerns. The stock continued to slip, hitting a new 52-week low last week.<\/p>\n<p>The company warned about the potential fallout of the delay in raising tariffs. \u201cShould compensatory-tariff approval from states be delayed based on cost-benefit analyses, it may perhaps be better to shut the plant down during April-June 2020,&#8221; analysts at Antique Stock Broking Ltd said in a note presenting Tata Power management\u2019s views after a conference call.<\/p>\n<p>Losses at the Mundra power plant in Gujarat have shrunk in recent quarters, reflecting the downtrend in fuel (coal) costs. But that brings little solace.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power Co. Ltd\u2019s threat to snap electricity connections from the loss-making Mundra plant if states do not revise tariffs did little to quell investor concerns. The stock continued to slip, hitting a new 52-week low last week. The company warned about the potential fallout of the delay in raising tariffs. \u201cShould compensatory-tariff approval from states be delayed based on cost-benefit analyses, it may perhaps be better to shut the plant down during April-June 2020,&#8221; analysts at Antique Stock Broking Ltd said in a note presenting Tata Power management\u2019s views after a conference call. Losses at the Mundra power plant [&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-339924","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\/339924","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=339924"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339924\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=339924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=339924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=339924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}