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Tata Power Company announces CERC passes Tariff order for Maithon Power Plant

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Capital Market

For FY 2011-14

Tata Power Company announced that Central Electricity Regulatory Commission has passed the Tariff Order for the 1050 MW power plant of Maithon Power (MPL) for FY 2011-14. MPL is a joint venture between the Company (74%) and Damodar Valley Corporation (DVC) (26%). The new tariff would be applicable from COD for each of the generating units. This will pave the way for meeting the targeted returns from the project.

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First Published: Nov 26 2014 | 9:39 AM IST

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