'We've to evolve a way to pass on higher price of fuel'
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31/08/2011
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Resource Digest
Tata Power, which is hoping to commission its 4,000-mw ultra mega power plant (UMPP) in Mundra early next year, has been dealt a blow by the Indonesian government, which has called for a sharp increase in the price of coal exported out of the country. At current prices of $110 per tonne of coal, the increased cost could set the company back by about $100 million when all five units are up and running. Anil Sardana, managing director, Tata Power, tells that the company is exploring the options of running the plant at a lower plant load factor (PLF) and importing lower-grade coal as as to save on costs.