Tata Power May Not Source Coal From Indonesia For Mundra

Tata Power May Not Source Coal From Indonesia For Mundra

FPJ BureauUpdated: Saturday, June 01, 2019, 06:12 AM IST
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New Delhi : Tata Power may cut dependence on Indonesian coal and explore other geographies to source the fuel for expansion of its 4,000 MW Mundra ultra mega power project in Gujarat.       The firm owns stake in KPC mining company in Indonesia which owns and operates coal blocks in the island nation. “It (import) could be from any market globally because after the HBA price regime was implemented in Indonesia, we get no advantage at all from ownership,” Tata Power MD Anil Sardana told PTI.

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