Maharashtra Electricity Regulatory Commission (MERC) has allowed pass through of higher coal prices for Adani Power's Tiroda plant.
The coal mine allocated to Tiroda plant was de-allocated and the company had to make arrangement for fuel supplies at higher cost. Adani Power's arm Adani Power Maharashtra (APML) runs Tiroda plant.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.