Supreme Court Upholds Penalty but Reverses Contract Termination in Power Purchase Dispute
Supreme Court Upholds Penalty but Reverses Contract Termination in Power Purchase Dispute LEGAL ISSUE: Whether a power purchase agreement can be terminated for delays when the agreement provides for penalties for such delays. CASE TYPE: Contract Law, Power Purchase Agreement Case Name: M.P. Power Management Company Ltd. vs. Renew Clean Energy Pvt. Ltd. & Anr. […]