UTTAR HARYANA BIJLI VITRAN NIGAM LIMITED AND ANOTHER versus ADANI POWER (MUNDRA) LIMITED AND ANOTHER
The Appellate Tribunal erred in holding that the CIL communication dated 19 June 2013 permitting Inter Plant Transfer was not a 'Change in Law'; the communication reflected a decision of Coal India Limited (an instrumentality of the Government of India) taken at its board meeting and therefore falls within the PPA's broad definition of 'Law' and constitutes a 'Change in Law'. Consequently IPT is a Change in Law; Change in Law compensation for domestic coal shortfall is to be calculated as ACQ minus actual supply; the matter is remitted to CERC to work out the effect and quantify benefits to a…
Source excerpt
- Change in law
- Inter plant transfer (ipt)
- Assured coal quantity (acq)
- Fuel supply agreement (fsa)
- New coal distribution policy 2007
- Compensation calculation