Tata Power Share Price: Tata's Mundra Ultra Mega Power Project to restart soon! Shares see a rise

News Topical, Digital Desk : Tata Power Share Price Tata Power's long-stalled Mundra Ultra Mega Power Project is set to restart soon. According to sources, the Mundra UMPP is expected to restart in December 2025 as the company and the Gujarat government have reached agreement on a supplementary power purchase agreement. 

This supplementary PPA is expected to serve as a template for similar agreements with four other buyer states: Maharashtra, Punjab, Haryana, and Rajasthan. Mundra has been shut down for several months. Operations under Section 11 were suspended for two quarters due to low power demand. 

Tata Power previously stated during its Q2 analyst call on November 16 that negotiations with Gujarat were in the final stages and expected to conclude soon. This development could have a significant impact on the company's financials. The loss-making Mundra Coal and Shipping Cluster posted a profit of ₹171 crore in the fourth quarter of FY2025 and ₹1,078 crore for the entire fiscal year. However, in the second quarter of FY2026, the company suffered a loss of ₹362 crore. Management attributed this to the plant shutdown. Resumption of operations and clarity on the changed PPAs could help boost the cluster's profits. Shares of Tata Power Company Limited traded 0.51% higher at ₹393.50 on Thursday. 

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