Gujarat denies tariff hike for Mundra project

The Gujarat Government refused to consider any move to allow a higher tariff at Tata Power's 4,000 MW Mundra power project, two units of which are expected to be commissioned by March next year. The government refused to allow increase in tariff to cover higher input costs due to a change in overseas law or regulations. This may affect private players' interest in similar projects such as the one proposed in Cheyyur, Tamil Nadu.Contact: Tata Power.Tel: 022-6665 8282. Fax: 022-6665 8801.Website: www.tatapower.com