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Tata Power nears Mundra restart on Gujarat PPA nod
Financial Express Pune
|March 21, 2026
TEMPLATE DEAL MAY UNLOCK PACTS WITH OTHER PROCURING STATES
TATA POWER IS moving closer to restarting its imported coal-based Mundra plant in Gujarat after the state approved a supplemental power purchase agreement (SPPA), providing a pathway to revive operations that have been halted for about six months.
“We will sign the PPA with discom in Gujarat soon,” said Praveer Sinha, managing director and CEO of Tata Power, adding that the signing will enable restarting of the plant. The development comes after a prolonged shutdown following the withdrawal of the Centre’s Section 11 directive last year, which had mandated operation of power plants under extraordinary circumstances and provided compensation for higher fuel costs.
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