Fuel shortage: Adani Power shuts down Mundra units

Aug 28 2014, 03:11 IST
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SummaryAdani Power has shut down some units of Mundra thermal plant which generates about 2,700 MW power due to shortage of coal and non-payment of dues by Haryana power distribution companies.

Adani Power has shut down some units of Mundra thermal plant which generates about 2,700 MW power due to shortage of coal and non-payment of dues by Haryana power distribution companies, according to a note issued by the Western Regional Load Dispatch Centre (WRLC)

On other hand, Tata Power too, said its subsidiary Coastal Gujarat Power (CGPL) has shut down two units producing 1,600 MW at its Mundra ultra mega power plant due to “boiler tube leakage and reheater isolator leakage,” on Wednesday. The company added that the remaining 2400 MW capacity was operational.

“The 330 MW unit no 2, 3 and 4 of Adani Power have been closed reportedly due to coal shortage. The 660 MW units no 7,8 and 9 have been closed down reportedly on account of payment default of Haryana utilities,” WRLC said in a flash note.

Adani Power declined to comment on the release.

WRLC had issued a warning late on Wednesday, saying the western regional grid “severely affected” and there is a total generation loss of 3,143 MW from seven power stations owned by state-owned Maharashtra State Power Generation, Lanco Infratech, NTPC and Indiabulls.

On Monday, the Supreme Court had remanded the compensatory tariff order awarded to Tata Power and Adani Power, back to the Appellate Tribunal for Electricity, questioning the rationale of the regulatory decision. As a consequence of the order, both the companies cannot charge the raised tariff for the period starting April, as was previously directed by APTEL.

“Adani Power has so far booked R2,600 crore of compensatory tariff in revenues till the June quarter, which may have to be reversed,” JP Morgan analyst Sumit Kishore said in a report dated August 26.

“CGPL would like to add that it continues to look for early resolution to the ongoing issue of under-recovery of fuel price,” Tata Power statement said.

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