Gujarat / CERC sets precedent, offers relief to Adani’s imported coal fuelled Gujarat project

Livemint : Apr 13, 2019, 03:30 PM
CERC had rejected Adani Power’s plea of 'force majeure' and 'change in law'. CERC approved the revised power purchase agreements that entails changes in the fixed and variable costs of the tariff components from the Mundra power plant. Gautam Adani’s promoted Adani Power Ltd’s Gujarat plant on account of the unexpected increase in the prices of imported coal. The law will take its own course in those investigations.