Tata Power is likely to stop operating the imported coal-based 4,000 MW Mundra UMPP after February 2020 unless its five consumer states allow pass-through of additional fuel cost to consumers. The company is facing an extreme liquidity crunch owing to non-cost-reflective tariffs for the project. The MoP has asked the governments of Gujarat, Haryana, Rajasthan, Punjab and Maharashtra, which buy power from the UMPP, to decide on the matter latest by January 15, 2020 or deal with power shortages.
Adani Renewable Energy Limited, a subsidiary of Adani Green Energy, has commissioned a 75 MW wind power project in Gujarat. The project has a PPA with Maharashtra State Electricity Distribution Company Limited at Rs 2.85 per kWh for a period of 25 years. The commercial sale of power from the project commenced with effect from January 1, 2020.