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Tata Power: Uncertainty hangs high
Nov 08:   For Tata Power, the under-recovery at its 4000 MW Mundra power plant was down from Rs 0.93/kWh in Q-1, 2017-18 to Rs 0.70/kWh in Q-2 on higher availability (85% vs. 61% in 1Q) and savings in fuel coal.
8Its renewable energy portfolio continues to expand
8But despite conference calls by theTata brass pointing to a brighter future, there are few upsides as of now.
8The renewable business has become highly competitive and uncertainty hangs high over the company's thermal power capacity.
8The distribution business is hemmed in by over-regulation.
8Something has to give way in the power sector before clarity can prevail.
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