Supreme Court · 2022 INSC 862 · Decided 24 August 2022

Uttar Haryana Bijli Vitran Nigam LTD. and v. Adani Power (Mundra) Limited and Another

Court
Supreme Court of India
Citation
2022 INSC 862 · [2022] 11 S.C.R. 102
Case number
CIVIL APPEAL No. 7129/2021
Decided
24 August 2022
Bench
N.V. RAMANA, KRISHNA MURARI, HIMA KOHLI (3-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Electricity Act Section 125

Headnote

Electricity - Power Purchase Agreements (PPAs) - Arts. 11, 13 - 'Change in Law' event - Restitutionary principles - Appellants (distribution licensees) if liable to pay simple interest or compound interest cost to respondent no.1 (power generating company) - Held: Relief relating to carrying cost was granted to respondent no.1 by the Appellate Tribunal vide order dtd. 13.04.18 which was duly upheld by Supreme Court in a previous litigation between the same parties - Once carrying cost

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