You are here: Home » Economy & Policy » News
Business Standard

Supreme Court issues a notice to Sasan Power on a states' plea

On November 20 last year, the tribunal had set aside the CERC order which disallowed Sasan Power's claims seeking compensation

Aashish Aryan  |  New Delhi 

Supreme Court

The on Thursday issued a notice to on a plea moved by Haryana Power Purchase Centre, Ajmer Vidyut Vitran Nigam, MP Power Management Company, and seeking to stay the Appellate Tribunal for Electricity’s judgment that allowed several claims of the Reliance Power-owned company.

On November 20 last year, the tribunal had set aside the Central Electricity Regulatory Commission’s (CERC) order which disallowed Sasan Power’s claims seeking compensation.

ALSO READ: Maggi fiasco returns to haunt Nestle India as SC revives class action suit

had approached with a plea that owing to changes in law during the construction of the power plant, the increase in the declared price of land, the cost of implementation of resettlement and rehabilitation, geological reports, among others for the power station, Moher, Moher-Amlohri Extension and Chhatrasal captive had led to a significant increase in its capital costs.

Owing to these, it had asked the to either ask the state to pay increased compensations, or allow it to raise tariffs.

First Published: Fri, January 04 2019. 02:54 IST