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Integrated power firm Tata Power on Wednesday said the company has resumed operations at Mundra Plant with an installed capacity of 4,150 MW, after a gap of almost nine months. The company had suspended operations at all units of Mundra plant on July 2, 2025 and has been suffering losses due to temporary closure of the plant. "With reference to the temporary suspension of company operations of its units located at Mundra, we hereby inform you that the company has resumed its operations at Mundra Plant with an installed capacity of 4,150 MW," it said in a regulatory filing. Last month, Tata Power informed bourses that its arm Coastal Gujarat Power Ltd (CGPL), which operates Mundra plant, has signed supplementary power purchase agreements (PPA) with GUVNL (Gujarat). According to the regulatory filing, the company had to ink PPAs with Maharashtra, Rajasthan, Punjab, and Haryana. The company has been incurring losses due to closure of units at Tata Mundra plant, which is run by its ar
A parliamentary committee has flagged significant delays in expenditure under the scheme for promotion of coal, lignite gasification, noting zero spending for most of 2025-26 despite a revised allocation of Rs 285 crore, and suggested a time-bound spending framework with quarterly milestone verification. The standing committee on coal, mines and steel was of the view that the scheme's outlay was brought down from Rs 300 crore at Budget Estimates (BE) 2025-26 to Rs 285 crore at Revised Estimates (RE) stage due to milestone-based needs, with no expenditure incurred and even a a single eligible project pending reimbursement formalities. "The committee noted that no expenditure is incurred for most of the financial year, with even a single eligible project awaiting fulfilment of reimbursement formalities," it said. The panel further noted that against a Revised Estimate of Rs 285 crore in 2025-26, the Budget Estimate for 2026-27 was sharply raised to Rs 3,525 crore. The committee, ...