The Central Electricity Regulatory Commission (CERC) has decided the methodology for determination of compensatory tariff for Adani Power 4,620 MW Mundra Thermal Power Plant, in continuation to its previous order of April 2013.
Despite facing huge financial losses, the Mundra power plant has been supplying power to the States of Gujarat and Haryana. This order will facilitate in sustaining operations at Mundra and enable us to continue honouring PPS commitments.
The order shall mitigate hardships to some extent on account of impact of enactment of Indonesian regulation and shortage of domestic coal supplies from Coal India (CIL).