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Tata Power Company Limited has received approval from the Ministry of Power

ICICIdirect Research 24 Jun 2026 DISCLAIMER

News: Tata Power Company Limited has received approval from the Ministry of Power extending the validity of directions issued under Section 11 of the Electricity Act, 2003 for its Mundra Thermal Power Plant. The directions, earlier valid until 30 June 2026, have now been extended until 30 September 2026, allowing continued operation under the government's directive.

View: The extension is operationally positive for Tata Power's Mundra plant as it ensures continued dispatch and generation visibility. However, profitability will depend on fuel cost pass-through and any compensation mechanism approved by regulators.

Impact: Positive

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