Facing energy crisis the Gujarat government has decided to buy power from Tata at a rate higher than mentioned in the purchase agreement. The move came after Adani’s plant at Mundra and Essar Power’s plant at Salaya stopped supplying power to Gujarat, after the prices of Indonesian coal doubled.
Gujarat currently buys Rs 150 crore worth of electricity daily to prevent power blackouts.
The move comes as the high cost of imported coal and natural gas has adversely impacted the power sup...
