Adani Power on Tuesday said electricity tribunal APTEL has allowed its subsidiary Adani Power Rajasthan to charge a higher cost of coal regarding a 1,200-MW power supply agreement with distribution companies of Rajasthan. The tribunal has allowed the compensation due to the shortage of domestic coal, the company said in a regulatory filing.
“Appellate Tribunal for Electricity (APTEL) has issued a judgement, allowing the claim of compensation for non-availability/shortage in linkage coal supply from Coal India Ltd, and use of alternate coal by the company’s wholly-owned subsidiary, APRL in respect of Power Purchase Agreement (PPA) of 1200 MW signed with Distribution Companies of Rajasthan,” a BSE filing said.
APTEL has allowed compensation for domestic coal shortfall arising from change in law pertaining to the New Coal Distribution Policy, 2007 (NCDP) Read More
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