R-Infra hits out at Tata Power

Reliance Infrastructure (R-Infra) hit at Tata Power (TPC) as it plans to sell a high quantity of power outside Mumbai for making a huge profit.
According to Lalit Jalan, R-Infra CEO and Whole-Time Director, TPC plans to sell a large part of the capacity outside Mumbai. This will lead to supernormal profits (around Rs 1,200 crore) to TPC. He further added that there would be a shortfall in Mumbai due to which power will have to be purchased from outside which will naturally push up costs for the consumers here.
Tata Power used to sell 500 MW to R- Infra till March 2010 but then threatened to stop doing so from 1 April as R Infra had refused to sign a power purchasing agreement (PPA) with it.

Source : R-Infra hits out at Tata Power