Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
Recent Indonesian regulations on export of coal from that country stipulate that prices need to be benchmarked to international prices or market rates. But the country has given six months for all mining and exploration companies to adhere to its new norms. The UMPP's first unit of 800-MW plant is ready, ahead of its scheduled date in mid-September.
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