It’s been six years that the imported coal power projects in Gujarat –– especially those of Tata Power and Adani Power -- have been fighting a regulatory battle in their bid to add the escalated cost of imported coal to the final power rate. And for the past six years, they have been coming back to the same place – the Central Electricity Regulatory Commission (CERC), which would be taking a decision on the issue for the third time.
It was first in 2012 that Tata and Adani Power sought relief from CERC on the issue of escalation in the price