Tata Power : MERC approves 700 MW PPA between Distribution and Generation Business of Tata Power for the next five years

Tata Power : MERC approves 700 MW PPA between Distribution and Generation Business of Tata Power for the next five years

Maharashtra Electricity Regulatory Commission (MERC) has allowed the Distribution Business of Tata Power, India’s largest integrated power utility to have a Power Purchase Arrangement (PPA) with its generation arm for 700 MW to be supplied from its Trombay Thermal and Hydro plants for a period of five years from 1 April 2019 to 31 March 2024. After the due diligence for ensuring the reliability of supply and cost competitiveness for the Tata consumers in Mumbai, the Hon’ble Commission, in its order on 26th March 2019, approved the arrangement. ‘Tata Power has been serving the city of Mumbai for over […]

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