SC upholds APtel order granting compensatory tariff to Adani Power plant

The case pertains to the cost incurred by Adani Power Rajasthan on sourcing costlier imported coal due to lack of domestic coal supply

The Supreme Court on Monday upheld the order passed by Appellate Tribunal of Electricity (APTEL) granting compensatory tariff to Adani Power Rajasthan Limited for its 1,200 MW Kawai thermal power plant, to be paid by power distribution companies (discoms) of Rajasthan.

In a notice to the exchanges, Adani Power said, “Hon'ble Supreme Court vide its judgment dated 31st August 2020 partially upheld the appeal filed by Rajasthan discoms. The order allowed Adani Power Rajasthan Limited a wholly-owned subsidiary of the Company to recover compensatory tariff from discoms as per APTEL order of 14th September 2019.”