Mumbai : Not only has the Maharashtra Electricity Regulatory Commission (MERC) followed the lead of central electricity regulator CERC by setting up a panel to look into a tariff hike for Adani Pow

In what could be a major setback to Gautam Adani-promoted Adani Group, coal from its Carmichael project in Australia may not fire any ultra mega power projects (UMPPs) in India.

The decision by the Central Electricity Regulatory Commission (CERC) to allow ‘compensatory tariff’ in addition to the current tariff for Adani Power’s 4,620 MW units at Mundra has come as a shock

The recent order of the Central Electricity Regulatory Commission (CERC), allowing Adani Power to increase price of power from its imported-coal-based project at Mundra in Gujarat, is likely to put

Regulator sets up panel to work out compensatory rates in a month; stocks of all power firms light up

In a landmark order, the Central Electricity Regulatory Commission (CERC), the country’s power sector regulator, has allowed a “compensatory tariff” for Adani Power’s imported-coal-based power project in Mundra, Gujarat. The Gautam Adani-led company had sought a revision in tariff, citing increased capital cost, since a recent change in regulation governing coal imports from Indonesia had made the fuel dearer.

With the commissioning of the fifth unit of the Mundra power plant in March, Adani Power has overtaken Tata Power as India’s largest private thermal power producer.