Supreme Court Upholds Termination Clause in Power Purchase Agreement: Rithwik Energy vs. BESCOM (2018)

/ Contract Law, Contract Law with Estoppel, Default Notice, Electricity Act with Open Access, Electricity Law, Judges, Navin Sinha, Power Purchase Agreement, R.F. Nariman, Termination Clause

Supreme Court Upholds Termination Clause in Power Purchase Agreement: Rithwik Energy vs. BESCOM (2018) LEGAL ISSUE: Whether a notice of default under a Power Purchase Agreement (PPA) must strictly adhere to the terms of the agreement to be valid, and whether a party can be estopped from challenging a finding on a subsequent event it […]

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