Supreme Court clarifies ‘Change in Law’ compensation in power purchase agreements: GMR Warora Energy Limited vs. Central Electricity Regulatory Commission (20 April 2023)

/ B.R. Gavai, Constitutional Law, Constitutional Law with Article 12, Constitutional Law with Article 268, Contract Law, Judges, Power Purchase Agreements, Restitution, Vikram Nath

Supreme Court Clarifies ‘Change in Law’ Compensation in Power Purchase Agreements Date of the Judgment: 20 April 2023 Citation: 2023 INSC 398 Judges: B.R. Gavai, J. and Vikram Nath, J. Can power generating companies claim compensation for increased costs due to changes in government policies or regulations? The Supreme Court of India addressed this crucial […]

Supreme Court clarifies ‘Change in Law’ compensation in power purchase agreements: GMR Warora Energy Limited vs. Central Electricity Regulatory Commission (20 April 2023) Read Post »