A panel, headed by HDFC Chairman Deepak Parekh, will meet the representatives of Tata Power, Adani Power and State distribution companies next week to break the logjam over increase in electricity tariff from power plants being fed with imported coal.
“The panel which is due to meet next week, is to deliberate on power tariff and find a solution to the issue,” according to a source.
Tata Power and Adani Power had separately approached the Central Electricity Regulatory Commission (CERC) for allowing them to increase tariff from their imported coal based projects due to increase in the cost of dry fuel internationally.
