REGULATORY AFFAIRS
CERC appointed panel recommends about 25% tariff hike for Tata, Adani plants
NEW DELHI: Tata Power and Adani Power may get to charge more for power from their imported coal based plants at Mundra in Gujarat, as a panel headed by Deepak Parekh has recommended increasing tariff by about a fourth at present fuel rates.
The panel, appointed by Central Electricity Regulatory Commission (CERC) to suggest tariff hike, submitted its report last Friday. The regulator will seek responses from the power industry before finalising, a power ministry official said.
The panel has suggested a tariff hike of 45-55 paise per unit for Tata Power's 4,000-mw ultra mega power project and upto 60 paise per mw for Adani Power's project of the same capacity. ECONOMIC TIMES
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