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TERMINATION OF PPA
Adani Power, Ports & Enterprises: Why Jefferies just raised their target prices on 3 Adani group stocksJefferies has raised target prices on Adani Power, Adani Ports and Adani Enterprises, maintaining ‘Buy’ ratings on strong operational perfo...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
BLS International loses key contract in UAE; Indian Embassy appoints new firmBLS International has lost its UAE consular services contract, with Alhind Tours and Travels set to take over passport, visa and related se...
Delhi HC restrains SECI from terminating power deal with Reliance NU SuntechThe Delhi High Court has prevented Solar Energy Corporation of India (SECI) from taking action against Reliance NU Suntech. This includes t...
GVK Power (Goindwal Sahib) admitted for insolvencyThis is the second company of the GVK group, after GVK Industries, that has entered insolvency proceedings. The company has a debt of aroun...
Adani, Gujarat Urja settle row over PPAAs per the settlement, Adani will resume power supply to the state-owned entity and withdraw a ₹10,000 crore claim against Gujarat Urja.
SC notes settlement, closes curative plea of GUVNL against Adani Power for termination of PPAA five-judge Constitution bench headed by Chief Justice N V Ramana was told by Attorney General K K Venugopal, appearing for GUVNL, that a ...
SC seeks Adani Power's reply on curative plea of GUVNL against termination of PPAAdani Power (Mundra) Ltd had signed a PPA with GUVNL in 2007 to supply 1,000 MW power from its project located in Korba, Chhattisgarh.
NCLT has jurisdiction to adjudicate disputes solely relating to insolvency of corporate debtor: Supreme CourtA bench of Justices DY Chandrachud and M R Shah said, "Therefore, considering the text of Section 60(5)(c) (of IBC) and the interpretation ...
Can IBC override existing contracts? Why giving primacy to insolvency law may set a wrong precedentThere is no bar against the termination of agreements during the moratorium period under IBC other than contracts relating to essential ser...
Renew Power, Mytrah Energy, Torrent Power seek termination of wind power PPAsThe companies went to the Central Electricity Regulatory Commission to ensure that SECI does not invoke the bank guarantees they had issued...
Polavaram authority says project not under Andhra panel purviewThe YSR Congress govt had decided to terminate and re-tender the Polavaram irrigation and hydel power plant works being executed by Navayug...
600MW project no longer feasible: Acme solar to NTPCAcme had won the project in an auction conducted by NTPC last August where it quoted a tariff of Rs 2.59 per unit.
New norms for solar power bids to enhance transparency: MNREThe guidelines also streamline the provision for project preparedness to expedite and facilitate the setting up of projects.
Government brings in new norms on solar power procurementThese guidelines, prepared by the Ministry of New and Renewable Energy (MNRE), cover the grid-connected solar PV power projects with a size...
Reliance Power inches lower as firm clarifies on show-cause noticeThe notice by the Ministry of Coal (MoC) sought an explanation for the delay in the development of Kerendari B&C coal blocks attached to th...
Discoms bound by purchase terms, says power ministryThe ministry has stated that the move to terminate a power purchase agreement would affect investment in the infrastructure.
PSU doesn't need Supreme Court nod to pay compensatory tariff to AdaniAdani Power Ltd has filed an appeal in the apex court against the order of the Appellate Tribunal for Electricity which had upheld the view...
- Gujarat Power Discom slaps record penalty on Essar
A record penalty of 2,300 crore has been slapped on the Essar group for drawing more power than its sanctioned limit.
- Essar Power to terminate 800 mw PPA with Gujarat
Essar Power Limited that agreed to supply 800 mw of power for next 25 years at Rs 2.80 per unit wants to terminate its agreement with Gujar...