Tata Power's Mundra plant to resume operations next week
after close1 source ↓written by the desknot a recommendation
- during summer
- 270 GW peak power demand
The Gujarat cabinet has approved a Supplemental Power Purchase Agreement (SPPA), allowing Tata Power's 4,000 MW Mundra coal plant to restart next week. This is crucial as India anticipates a record 270 GW peak power demand during summer. The plant had been offline due to high imported coal prices, resulting in a loss of ₹800 cr for Tata Power. The new agreement aims to ensure a consistent power supply for Gujarat.
Not investment advice. For informational purposes only.