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Indian private sector power producer Tata Power will consider sourcing coal from countries
other than Indonesia, to address under recovery at its imported coal based 4,000 MW ultra
mega power plant at Mundra, in western India's Gujarat state, the company said Tuesday.
The Supreme Court of India set aside the previous favorable order of the Appellate Tribuna
l of Electricity, which had allowed compensatory tariff on account of force majeure condition
s in Indonesia, Tata Power said in a regulatory filing to Bombay Stock Exchange.
The company will continue to pursue all alternatives at Coastal Gujarat Power Limited -
- a subsidiary of Tata Power that owns the Mundra UMPP -- including sourcing of competitive
coal from other relevant geographies that also use low grade and blended coal options, to
contain the onslaught of under recovery at Mundra UMPP, Tata Power said.
Private power producers like Tata Power, Adani Power and Reliance Power had acquired coal
assets in Indonesia to fire their thermal power plants in India.
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