Coastal Gujarat Power Ltd (CGPL), the Tata Power unit which operates the Mundra project, wrote to Gujarat Urja Vikas Nigam Ltd earlier this month offering to retain only 49 per cent stake and ...

Mumbai, Feb 27: Leading private utility Tata Power today said it has achieved full-load capacity on the 800 MW unit one of its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat.

and no progress on resolving the Mundra issue. Tata Power’s stock price has corrected 31 per cent from its 52-week high of ₹485. We update our estimates and valuation to factor in project ...