India, March 24 -- Tata Power on Tuesday announced that its subsidiary Coastal Gujarat Power Ltd (CGPL), which operates the Mundra power plant, has signed a supplementary power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL).
The development comes in the backdrop of the earlier temporary suspension of operations at the Mundra units. The company confirmed that the agreement has now been executed to support operations at the plant.
Additionally, Tata Power indicated that it plans to enter into similar PPAs with other states, including Maharashtra, Rajasthan, Punjab, and Haryana.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....