CENTRAL ELECTRICITY REGULATORY COMMISSION
Application under Section 79 of the Electricity Act 2003 for evolving a mechanism for regulating including changing and/or revising tariff on account of frustration and/or of occurrence of force majeure (Article 12) and/or change in law (article 13) events under the PPAs due to change in circumstances for the allotment of domestic coal by GOI-CIL and enactment of new coal pricing Regulations by Indonesian Government.Adani Power Limited.
ORDER
The petitioner, a subsidiary of Adani Enterprises Ltd, has set up a generating station, Mundra Power Project, with a total capacity of 4620 MW in the Special Economic Zone at Mundra in the State of Gujarat. The generating station has four phases, namely, Phase I & II comprising Unit Nos. 1 to 4 (4x330 MW), Phase III comprising Unit Nos. 5 and 6 (2x660 MW) and Phase IV comprising Unit Nos.7 to 9 (3x660 MW). The petitioner has entered into two PPAs dated 2.2.2007 and 6.2.2007 for supply of 2X1000 MW power to Gujarat Urja Vikas Nigam Limited (GUVNL) from Phase I &II and from Phase III and PPA dated 7.8.2008 with Uttar Haryana Bijli Vidyut Nigam Ltd and Dakshin Haryana Bijli Vidyut Nigam Ltd (Haryana Utilities) for supply of 1424 MW power from Phase IV of the generating station. The present petition is concerned with the sale of power through PPA dated 2.2.2007 to GUVNL and PPA dated 7.8.2008 to the Haryana Utilities.
2. On account of the non-availability of domestic coal linkage, the petitioner is importing coal from Indonesia to meet the entire requirement of coal for supply of power to the third respondent under the PPA and about 58% of the requirement of coal for supply of powe


















Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.