Tata Power share price jumps 5% after signing PPA with Gujarat govt
Tata Power rose 5% after Gujarat approved a new power supply agreement, allowing the co to restart its 4-gigawatt Mundra facility. The agreement aims to boost electricity production amid potential gas shortages, pending approval from the federal regulator, effective retroactively from April 2025.
Tata Power rose 5% after Gujarat approved a new power supply agreement, allowing the co to restart its 4-gigawatt Mundra facility. The agreement aims to boost electricity production amid potential gas shortages, pending approval from the federal regulator, effective retroactively from April 2025.
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