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 2020The 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 2019Lead 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 2018Right 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 2018Tata 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 2017Mundra 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 2017Tata 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 2017Tata 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 2017Adani 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 2017The recent rebound in coal prices is likely to benefit Tata Power in the current quarter also
2 min read1 Dec 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared