APTEL allows Adani Power arm to charge higher coal cost from Raj discoms


APTEL allows Adani Power arm to charge higher coal cost from Raj discoms

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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