When it recently made a request to the Gujarat government to take 51 per cent equity in its beleaguered Mundra ultra mega power plant (UMPP), Tata Power marked the letter to the Prime Minister’s Office (PMO). A copy was sent to the secretary to the Ministry of Power. The letter, which was addressed to Gujarat Urja Vikas Nigam’s Managing Director Pankaj Joshi, wanted the Gujarat government — a procurer from the project — to take 51 per cent equity in the plant at just Rs 1. Adani Power did something similar, with letters sent to the PMO and departments ...
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