By CERC
GMR Infrastructure announced that its subsidiary, GMR Kamalanga Energy has been granted by the Central Electricity Regulatory Authority, increase in tariff and compensation effective 01 February 2014 onwards.The compensation for use of imported/ open market coal would depend upon quantum of coal used during a period and the price for the same. The revised power tariff works out to around Rs 0.20 / unit for future supply of power whereas past dues work out to an average Rs 0.14 / unit of power supplied.
GKEL is supplying power under a long term power purchase agreement for 300 MW to Haryana cxdsDiscoms through PTC India (Haryana PPA) since 01 February 2014.
GKEL is a SPV for development, operation and maintenance of 1050 MW Kamalanga Power Station at District Dhenkanal, Odisha.
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