SC rejects Adani Power’s plea for Late Payment Surcharge of Rs. 1376.35 Crores from JVVNL: Understanding Adani power versus Rajasthan Discoms dispute
The Supreme Court imposed costs of Rs. 50000 on Adani Power Rajasthan Limited.
The Supreme Court imposed costs of Rs. 50000 on Adani Power Rajasthan Limited.
The Supreme Court opined that it is unjust on the part of Haryana Utilities to say that 70% of the installed capacity should be further bifurcated and the Change in Law benefit should be restricted only to 70% of the installed capacity.
The interest in ‘carrying cost' is nothing but time value for money and the only way a party can be afforded the benefit of restitution in every which way.
Supreme Court: In a big win for Adani Power Limited, the 3-judge bench of NV Ramana, CJI and Krishna Murari and Hima