Tata Power has successfully executed a Supplementary Power Purchase Agreement (PPA) for its Mundra Plant with GUVNL (Gujarat). This action follows the temporary suspension of operations at the Mundra units. The company confirmed that similar PPAs will also be executed with the state electricity boards of Maharashtra, Rajasthan, Punjab, and Haryana. This regulatory filing was made on March 24, 2026, ensuring continuity in power supply arrangements across multiple states.
Regulatory Disclosure on Power Agreements
Tata Power Company Limited officially communicated a material development concerning its power generation assets. Pursuant to mandatory disclosure requirements, the company announced the execution of a Supplementary Power Purchase Agreement (PPA) concerning the units located at its Mundra Plant.
Agreement with GUVNL Finalized
The immediate agreement was signed with GUVNL (Gujarat Urja Vikas Nigam Limited). This necessary step follows the recent temporary suspension of operations affecting the Mundra facilities. The Company Secretary, Vispi S. Patel, signed off on the disclosure dated March 24, 2026.
Expansion to Other States
Furthermore, the disclosure confirmed that similar Supplementary PPAs are scheduled to be executed with the distribution companies (DISCOMs) in Maharashtra, Rajasthan, Punjab, and Haryana. This indicates a coordinated effort to re-establish long-term supply contracts across these key operational territories.
Source: BSE
