Supreme Court clarifies “Change in Law” compensation in electricity contracts: GMR Warora Energy vs. CERC (20 April 2023)

/ B.R. Gavai, Carrying Cost, Change in Law, Contract Law, Electricity Law, Interpretation of Contracts, Judges, Power Purchase Agreement, Restitution, Vikram Nath

Date of the Judgment: 20 April 2023 Citation: Not Available in the provided document. Judges: B.R. Gavai, J. and Vikram Nath, J. Can changes in government policies and regulations lead to compensation in electricity contracts? The Supreme Court of India addressed this crucial question in a batch of appeals concerning power purchase agreements (PPAs). The […]

Supreme Court clarifies “Change in Law” compensation in electricity contracts: GMR Warora Energy vs. CERC (20 April 2023) Read Post »