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CERC approves compensatory tariff hike; Tata Power reacts

The entire power sector is on fire today especially stocks like Tata Power and Adani Power reacting to that favorable ruling which has come from CERC where in CERC has allowed almost an entire pass through of the fuel cost giving a compensatory tariff hike which is very close to what the Deepak Parikh committee recommended.

first published: Feb 24, 2014 11:51 am

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