Mundra Power Plant News

Markets

Tata Power’s tough stance on Mundra plant does nothing to power up stock

Consolidated debt fell a mere 4% despite exits from several investments in the three years to 31 December 2019The concerns are weighing heavily on the Tata Power stock, which is down 26% in the past one year

2 min read2 Mar 2020
Companies

CERC approves higher tariff for Adani Power's 2 GW capacities at Mundra plant

The power plant was facing hardships after compensatory tariff was disallowed by the apex court in April 2017Adani Power has been seeking to pass through higher cost of imported coal to run this plant

1 min read12 Apr 2019
Politics

US top court mulls pollution dispute over power plant in India

Lead plaintiff Budha Ismail Jam and other fisherman and farmers living near the Tata Mundra Power Plant in Gujarat sued in federal court in Washington in 2015, saying the IFC failed to meet its obligations

2 min read1 Nov 2018
Market

Tata Power Q2 results: As Mundra losses mount, investors eye resolution

Right now, Tata Power is absorbing the losses from the Mundra power plant. As a consequence, analysts ascribe negative value to the asset

2 min read30 Oct 2018
Companies

Tata Power to sell non-core assets to trim debt

Tata Power is in the process of identifying the non-core assets for sale, says chairman N. Chandrasekaran, even as the firm struggles to find a solution to its vexed Mundra power plant

2 min read24 Aug 2017
Market

Coal units boost Tata Power Q1 result, but earnings driver still a missing link

Mundra power plant negated a significant part of Tata Power's June quarter earnings, as losses from the plant rose to Rs431 crore from Rs383 crore a year ago

2 min read16 Aug 2017
Market

Zero consideration alone may not solve Tata Power’s Mundra problem

Tata Power will now have to convince multiple discoms, negotiate the ownership structures, thrash out the debt sharing and go through the entire regulatory process

3 min read26 Jun 2017
Companies

Tata Power offers to sell 51% stake in Mundra power plant for Re1

Tata Power offers discoms majority stake in its Mundra power plant for the token sum of Re1 in return for purchasing electricity at revised power tariff

3 min read23 Jun 2017
Companies

Adani Power board approves Mundra plant slump sale to unit

Adani Power board has approved the slump sale of its Mundra power plant to Adani Power (Mundra) to attract investment in the subsidiary for capacity expansion

2 min read7 Jun 2017
Market

Tata Power Q2 results: High coal prices drive profit, Mundra compensation key

The recent rebound in coal prices is likely to benefit Tata Power in the current quarter also

2 min read1 Dec 2016
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