Supreme Court of India
Uttar Haryana Bijli Vitran Nigam Ltd. and v. Adani Power (mundra) Limited and Another
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1 Supreme Court bench has cited this judgment.
What the Court ordered
In view of the aforesaid discussion, the impugned judgment and order dated 12th August, 2021 passed by the Appellate Tribunal is upheld and the present appeal is accordingly dismissed as meritless.
Judgment, page 16
From the headnote
Electricity – Power Purchase Agreements (PPAs) – Arts . 11, 13 – ‘Change in Law’ event – Restitutionary principles – Ap pellants (distribution licensees) if liable to pay simple interes t or compound interest on the carrying cost to respondent no.1 (power ge nerating company) – Held: Relief relating to carrying cost w as granted to respondent no.1 by the Appellate Tribunal vide order dtd. 13.04.18 which was duly upheld by Supreme Court in a previous l itigation between the same parties – Once carrying cost has been gran ted in favour of the respondent no.1, appellants cannot urge that
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