Tata Power MD Pravin discussed Section 11 extension under Electricity Act, Mundra power SPPA progress, and demand outlook for FY27

Mon 28 Sep 2026

Heard on Live television at 12:00:54 IST.

• Government extended Section 11 of the Electricity Act guidelines due to a huge increase in power demand since May, rising 10-11% monthly, worsened by weak monsoon.
• Mundra plant supplies power to five procurer states; SPPA finalized with Gujarat (nearly 50% of SPPA) and advanced discussions ongoing with other states.
• Management said Section 11 merely facilitates plant operation since SPPA terms are already acceptable to all states.
• Normal annual demand growth is 5-6%, but this year demand rose sharply due to weak rains and heat; festival season expected to sustain this trend.
• Company expects average demand growth of 8-10% over FY27.

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