Central Electricity Regulatory Commission (CERC) has passed the Tariff Order for the 1050 MW power plant of Maithon Power (MPL), a joint venture between Tata Power Company (74%) and Damodar Valley Corporation (DVC) (26%), for FY 2011-14. The new tariff would be applicable from COD for each of the generating units. This will pave the way for meeting the targeted returns from the project.
Tata Power is India’s largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.
