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Tata Power seeks approval for diversion of surplus coal to Maithon project

13 Sep 2013 Evaluate

Tata Power, the country's largest private electricity generator, has sought approval for diverting coal from its Mandakini captive mine in Odisha to the 1,050 MW Maithon project in Jharkhand, which is operated in partnership with Damodar Valley Corporation. As a stop gap arrangement, the company plans to divert the surplus coal to Maithon thermal power project that faces coal shortage.

The request for allocation of diversion of coal from the Mandakini block for the Maithon project is to benefit customers as the power produced from the plant is in turn supplied to the states with CERC-regulated pricing.

Further, company’s Mandakini coal block in Angul district of Odisha is scheduled to start production before the associated 660 MW Naraj Marthapur plant is commissioned.

Peers
Company Name CMP
NTPC 328.75
Tata Power 363.80
Adani Power 203.70
Power Grid Corpn. 264.65
Adani Energy Solut. 1343.25
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