GMR Kamalanga Energy gets revised tariff order from CERC

GMR Kamalanga Energy has received revised power tariff from Central Electricity Regulatory Commission (CERC) on November 16, 2015. GMR Kamalanga had submitted an application to CERC for determination of the tariff under the PPA. Pending order of CERC, GMR Kamalanga was being reimbursed at Rs 2.75 per unit of total tariff. Consequent to the CERC order GMR Kamlanga will be entitled for a price of FY 14 which shall be around Rs 3.97 per Unit and Rs 3.4 per Unit thereafter.

GMR Kamalanga Energy is a subsidiary of GMR Energy, which in turn is a part of the GMR Group. GMR Infrastructure is the flagship company of GMR Group with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets.