Mundra Power Plant

Tata Power stock likely to remain subdued in near-term; here's why

The company is focussed on tapping the market for high-margin captive renewables opportunities, exploring brownfield pumped hydro storage, and expanding the transmission business beyond distribution

Joint customs and DRI team seized several containers at Mundra Port: Adani

APSEZ said a joint Customs and Directorate of Revenue Intelligence team seized several containers at Mundra Port from a foreign vessel on concerns that they contained undeclared hazardous cargo

No clarity on resolution for CGPL's Mundra plant issue: Chandrasekaran

CGPL has inked pacts to supply 1,805 MW to Gujarat, 760 MW to Maharashtra, 475 MW to Punjab, and 380 MW each to Rajasthan and Haryana

Tata Power one step closer to tariff revision at Mundra power plant

Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.

Tata Power's Mundra UMPP to snap power supply to five states on March 11

Decision comes after buyer states say no to tariff hike; UMPP has been in the middle of a tussle for seven years over passthrough of escalated cost of imported coal

Tata Power profit before tax falls 23% in third quarter due to lower income

The Mundra power plant, the company said, saw lower fuel underrecovery in the December quarter.

Adani Power shifts Mundra unit to subsidiary

Adani Power Ltd's Board on Tuesday approved the transfer of its Mundra power plant asset to a separate subsidiary Adani Power (Mundra) Ltd on a slump sale basis." The company's board has considered and approved the slump sale of its Mundra power generating business undertaking generating 4620 megawatt of power to its subsidiary company namely Adani Power (Mundra) Ltd," the company said in its statement on Tuesday. The company's Mundra asset has been a drag on the company's financial performance for the past few years due to higher input costs. The Mundra unit was dealt a bigger blow when the Supreme Court decided to not allow for any compensatory tariff on the grounds of change in international laws. Adani Power runs the Mundra unit on Indonesian coal, prices for which rose due to change in Indonesia's import policy, making the plant's operations financially not viable.In its statement, the company said, the asset will be transferred to the subsidiary along with its liabilities. The ..

Adani's Mundra power plant does record 600 days continuous generation

Adani Power Limited, part of the Adani Group, saw a 330 megawatt (Mw) unit 4 at its 4620 Mw Mundra thermal power plant run continuously for record 600 days, generating 4142.56 million units (MU) of electricity.The Mundra power plant unit pipped a unit at NTPC Ltd's Vindhyachal power plant which ran for 559 days previously, APL stated in an official communique. APL's 330 Mw unit continues to be operational.Commenting on the development, Gautam Adani, chairman of Adani Group stated that the feat was achieved amidst complexity of technology and scale of operations involved in the thermal unit. According to Vneet Jaain, chief executive officer, Adani Power, the uninterrupted operation of the unit was a result of a comprehensive operational excellence and maintenance program having been institutionalized at all APL plants to improve availability and reliability of the units. "Strict adherence to Standard Operating Procedures, systematic skill development of operations team through ...