The formation of a BJP government in Gujarat is being seen as a positive for the Adani and Tata power projects at Mundra. The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts.
In April, the Supreme Court ruled the two companies cannot be allowed a compensatory tariff to make up for the change in coal export policy in Indonesia. Following the order, a special committee comprising various stakeholders, including representatives of Gujarat, Rajasthan, Haryana and Maharashtra governments was formed. Adani Power sells power from
In April, the Supreme Court ruled the two companies cannot be allowed a compensatory tariff to make up for the change in coal export policy in Indonesia. Following the order, a special committee comprising various stakeholders, including representatives of Gujarat, Rajasthan, Haryana and Maharashtra governments was formed. Adani Power sells power from