MERC approves 700 MW PPA between Distribution & Generation Business of Tata Power

27 Mar 2019 Evaluate

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 April 01, 2019 to March 31, 2024.

After the due diligence for ensuring the reliability of supply and cost competitiveness for the Tata consumers in Mumbai, the Commission, in its order on March 26, 2019, approved the arrangement.

Tata Power Company is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

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