Supreme Court Rules In Favour Of Adani Power In Change In Law Compensation Case

The Supreme Court has upheld the Appellate Tribunal for Electricity's order, allowing Adani Power Rajasthan Ltd to claim compensation under the "Change in Law" clause of its Power Purchase Agreement with Jaipur Vidyut Vitran Nigam Ltd. A Supreme Court bench  dismissed JVVNL's appeal against the APTEL decision. The dispute related to a PPA signed for the supply of 1,200 MW of power at a fixed tariff.

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