CERC order on Mundra UMPP likely this month-end: Tata Power
SUMIT KUMAR
December 4th, 2013
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Tata Power, nation’s largest private power producer, has said the electricity regulator CERC’s order for granting compensatory tariff for the company’s Mundra project is likely to come up by month-end.

“CERC has finished the hearings and Maharashtra Electricity Regulatory Commission ( MERC) and has just submitted their affidavit about
few days back on November 26 and now they have given time for us to file an affidavit to give our rejoinder on that affidavit,” Tata Power Managing Director Anil Sardana told CNBC-TV 18.

He said, “After that perhaps they will take another two-three weeks. So, I am hoping that by end of December we could hope for the order.” Central Electricity Regulatory Commission (CERC), in April this year, allowed the private utility to raise power tariffs from its 4,000-MW Mundra ultra mega power project in Gujarat, to compensate for an unexpected increase in coal cost.

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Source: ET

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