Stabilising ultra mega coal plant remains a major concern for Tata Power

Last year, Tata Power announced that it would freeze investments in coal power generation to focus on renewable power. It is ironic, then, that the 12,808 Mw company has been waiting some months for the green signal to merge its loss-making subsidiary Coastal Gujarat Power Ltd (CGPL) with itself. The 4,000 Mw Mundra, Gujarat-based CGPL, is one of several “ultra mega” power plants that the United Progressive Alliance had bid out in 2007 in an effort to bridge India’s power deficit. Based on imported coal but initially locked in to a committed tariff, the plant suffered l.....

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