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Tata Power on Friday said the Maharashtra Pollution Control Board (MPCB) has requested it to halve the particulate matter emissions from its generating unit here to help curb pollution. "MPCB has asked Tata Power to explore the feasibility of reducing the particulate matter from the stack from the present permissible 100 Mg/Nm3 to a more benign 50 Mg/Nm3," a spokesperson for the power utility said. Tata Power said Thursday's news reports about it being asked to halve production to help reduce pollution are "factually incorrect". Mumbai is witnessing very high air pollution despite its inherent advantage of being a coastal city. Experts have blamed the infrastructure and construction building activity and poor enforcement of regulations designed to curb pollution for the situation.
Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake
Tata Power soared 16% to Rs 72.15 on the BSE in intra-day trade on the back of an over 10-fold jump in trading volumes, while Adani Power up 14% to Rs 34.10, surging 42% in past three trading days.
Sets aside Aptel order granting relief against hike in imported coal price; stocks dive
Adani Power tanked 18%, while Tata Power Company down 7% on BSE in intra-day trade.