Responding to a petition by the power distribution utilities of Haryana, the apex court stayed the interim order of the Appellate Tribunal of Electricity on compensatory tariff, and asked the tribunal to finalise the matter expeditiously.
The levelised tariff originally offered by Tata Power’s 4,000-Megawatt ultra-mega power project was Rs 2.26 a unit, but after adding the compensatory tariff of 52 paise, it would have been Rs 2.8 a unit.
Power from Adani’s Mundra 1,980-Mw power plant would have cost Haryana Rs 2.39 after the compensatory tariff component and Gujarat Rs 2.09.
Higher tariff after March 2014 would have fetched Tata’s Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani’s project an additional Rs 18,500 crore over its remaining life.
“Coastal Gujarat Power Limited has been delivering competitive power across the five beneficiary states despite having under-recovery on fuel charges.
"CGPL will do its utmost to continue to buy coal and honour its commitment towards the nation’s
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