CERC nod for higher tariff for Adani Power's Mundra plant a positive measure: Icra

Power regulator CERC's decision to approve higher tariff for Adani Power (Mundra) Ltd is a positive measure for affected imported coal-based independent power producers, rating agency Icra said on Monday. 

CERC nod for higher tariff for Adani Power's
The CERC in its order on April 12, 2019, had approved the supplemental PPAs signed between Adani Power (Mundra) Ltd (APML) and Gujarat Urja Vikas Nigam Ltd (GUVNL) for 2,000 MW power supply. Image source: Official website

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