The Gujarat Electricity Regulatory Commission approved MPSEZ Utilities Ltd.'s (MUL) petition for a competitive tariff on 1,100 MW of power to ensure reliable supply in the Mundra area. MUL's long-term agreements include Thermal & Wind-Solar Hybrid Projects to meet rising electricity demand. Mahan Energen Ltd & Adani Power were selected as bidders, with Mahan offering the lowest tariff(Rs 4.
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