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CERC order positive for Adani Power: SBICAP Securities

PUBLISHED ON: April 3, 2013 | Duration: 6 min, 42 sec

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The CERC interim order suggesting a 'compensatory tariff' for Adani Power to account for higher fuel costs is positive for the power company, say analysts. However, Alok Ramachandran of SBICAP Securities, says that details still need to be understood before analysing the exact impact on the stock.
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