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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.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Mar 2026, 16:15 IST.

Sourcesnews.google.com

The market after the news

TATAPOWER closed −3.8% on the day of the news, from ₹402.40 to ₹386.95; Nifty −2.6% over the same session; futures OI −1.6%.

Bulletin at 16:15 IST on 21 Mar 2026. Every change is measured from ₹402.40, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • TATAPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TATAPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it366.34402.40438.46axis spans 20%before the news · 20 Mar402.40Nifty 50TATAPOWERbulletinD0+1+3+516 Mar27 Mar9 AprFutures open interest, lotspeak 45,000Reference close ₹402.40. 16 sessions from 16 Mar to 9 Apr; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Mar₹402.40basebase
On the day23 Mar₹386.95▼ −3.8%▼ −2.6%−1.2 pp difference
+1 session24 Mar₹384.75▼ −4.4%▼ −0.9%−3.5 pp difference
+3 sessions27 Mar₹385.70▼ −4.2%▼ −1.3%−2.9 pp difference
+5 sessions1 Apr₹380.20▼ −5.5%▼ −1.9%−3.6 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.28 on 23 Mar
Day's range, % · ₹
7.5%≈ 30 high to low
Volume on the day
1.93×the 20-session average
Futures OI on the day
▼ −1.6%−680 lots · long unwinding · price −3.8%
Futures OI open, lots
42,00023 Mar · 30 Mar expiry
Futures premium, ₹
−0.45−0.1% to spot
Puts per call, by OI
0.64from 0.78 the session before
Max pain
398from 400 the session before

Source NSE UDiFF bhavcopy · TATAPOWER on the desk →

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