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SC dismisses review petition by Rajasthan discoms on Adani Power compensatory tariff issue

Sumary of SC dismisses review petition by Rajasthan discoms on Adani Power compensatory tariff issue:

  • AP The Supreme Court has dismissed a review petition filed by power distribution companies (discoms) of Rajasthan on the compensatory tariff issue with Adani Power Rajasthan…
  • In September 2020, the apex court had ordered three Rajasthan power distribution companies to pay a compensatory tariff to Adani Power Rajasthan since 2013 to recover the higher cost of imported coal…
  • The SC judgement was in line with an order passed by the Appellate Tribunal of Electricity (APTEL) granting compensatory tariff to Adani Power Rajasthan for its 1,200-megawatt (MW) Kawai thermal power plant…
  • “We would like to inform that the Hon’ble Supreme Court (“SC”) has dismissed the review petitions filed by Rajasthan Discoms in the matter of the SC Judgment dated August 31, 2020, pertaining to recovery of compensatory tariffs by Adani Power Rajasthan Limited, a wholly-owned subsidiary of the Company,”…

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