Tata, Adani Power surge up to 14% as SC to examine tariffs


Tata, Adani Power surge up to 14% as SC to examine tariffs

Shares of Tata Power Company (up 13.95 per cent), Reliance Infrastructure (up 9.32 per cent) and Adani Power (up 8.85 per cent) surged in Friday’s session amid reports that the Supreme Court agreed to examine tariffs for Adani and Tata Power.

ET Now reported on Friday that the Supreme Court agreed to hear plea on tariff hike after two weeks and will examine them for Adani Power and Tata Power.

The BSE Power index was trading 3.13 per cent up at 1,955 around 1 pm with all components in the green. Shares of CESC (up 7.70 per cent), JSW Energy (up 6.31 per cent), Suzlon Energy (up 5.22 per cent) and GMR Infrastructure (up 5.03 per cent) surged over 5 per cent. Read More

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