Ruling against Adani Power’s turn to stop its power_purchase_pact with Gujarat_state utility GUVNL

Ruling against Adani Power’s turn to stop its power_purchase_pact with Gujarat_state utility GUVNL on the basis of better_coal costs, the superior electricity tribunal has stated that sourcing of fuel is the accountability of the seller and not the purchaser.

Adani Power had ended the twenty five yr power acquire contract with GUVNL, stating which it wouldn’t be plausible to provide electricity at the before decided tariff of Rs 2.35 each unit because of costly coal costs.

The APTEL judgement, that could set a precedent in the country’s_power _sector, comes at the moment when many power manufacturers are looking for higher tariffs between increasing coal costs.

The tribunal’s_ruling came in reply to Adani Power’s appeal against a GERC conclusion that PPA can’t be ended on the basis of the debate that the firm was not receiving domestic coal supply.

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