Adani Power’s Kawai and Tiroda plants get compensatory tariffs; stock trades flat


Adani Power’s Kawai and Tiroda plants get compensatory tariffs; stock trades flat

Maharashtra and Rajasthan electricity regulatory commissions have given their go-ahead for compensatory tariffs for Adani Power’s Kawai and Tiroda power plants, as per a Wire report.

This will allow the enterprise to recover the extra costs incurred on fuel obtained from the open market. It was reportedly procuring from the open market to make up for a reduction in supplies by Coal India.

An SC panel convened this week has been asked to settle the issues that have forced Indonesian coal-based power plants of Adani, Tata and Essar in Gujarat to temporarily scale down generation.

Apparently, the Indonesian government changed to international market indices-based pricing in October 2011. This affected the fuel cost calculations of power plants using imported coal. Read More

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