*Tata Power* plans to set up a 28.8-MW solar plant near Satara in
Maharashtra this fiscal as a part of its strategy to meet its clean energy
capacity target. (BL)

On Tue, Apr 16, 2013 at 11:59 AM, Mihir Desai <[email protected]>wrote:

>
> *AMBIT - *
> *Tata Power (BUY): **CERC relief for Tata Power*
> The Central Electricity Regulatory Commission (CERC) yesterday passed an
> order allowing a temporary ‘compensatory tariff’ for Tata Power’s imported
> coal-based project in Mundra. The order is similar to the landmark order
> that was passed in the case of Adani Power which was also allowed a
> ‘compensatory tariff’ for its own Mundra project. The CERC in its order has
> stated that Tata Power has been impacted by the regulatory change in
> Indonesia, which has led to a substantial increase in the coal cost.
> (Bhargav Buddhadev, +91 22 3043 3252)
>
>
> --
> CA Mihir Desai
>
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-- 
CA. Rajesh Desai

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