SC allows Adani Power to defend compensatory tariff before tribunal

The company wanted higher tariff as the coal imported from Indonesia became costlier

The Supreme Court on Tuesday allowed Adani Power to argue its case in the Appellate Tribunal For Electricity. Adani’s case is for a higher rate for the power supplied to Haryana’s distribution companies.

The firm wants a higher rate as the coal from Indonesia has become costlier due to “unforeseeable and unprecedented” factors, including a change of law.

The Supreme Court also asked Adani not to seek a cancellation of the contract, because of the change in the situation. So, all the pleas will go back to Aptel for a second time.

The litigation, which shuttled between Aptel and the Supreme Court, started when the Central Electricity Regulatory Commission had allowed Adani’s plea for a higher rate two years ago, and the discoms had opposed it.