Adani Power’s Tiroda plant gets MERC nod for higher coal price

Adani Power’s Tiroda plant gets MERC nod for higher coal price

Adani Power on Wednesday said power regulator MERC has allowed pass through of higher coal prices for its Tiroda plant. The coal mine allocated to Tiroda plant was de-allocated and the company had to make arrangement for fuel supplies at higher cost. Adani Power arm Adani Power Maharashtra Ltd (APML) runs Tiroda plant.

India’s Power Sector Hit by Regulatory Challenge

India’s Power Sector Hit by Regulatory Challenge

A recent order from India’s top regulatory authority for the energy sector threatens to impose costs that run into trillions of rupees on several states and undermine the sanctity of Power Purchase Agreements (PPAs) across the country. It could also undermine contractual laws and established procedures for tenders and bids for government contract

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