Panel recommends pass through of imported coal cost for three projects in Gujarat

Adani Power’s 4,620 MW Mundra TPP, Tata Power’s 4,000 MW Mundra ultra mega power project and Essar Power’s 1,200 MW Salaya TPP in Gujarat are likely to get relief as the state government is likely to approve tariff revisions with fuel pass-through. The move is expected after the appointed high-powered committee suggested that the PPAs need revision since the recent changes in Indonesian regulations have led to an increase in the cost of imported coal. The committee has also recommended that the fuel pass-through can be revised after five years based on coal price movement.