The Supreme Court SC) rejected Tata Power Co Ltd's plea against the Appellate Tribunal for Electricity order upholding the Maharashtra Electricity Regulatory Commission's MERC) decision to award a Rs70 billion transmission contract to Adani Electricity Mumbai Infra Ltd.
Under the contract, Adani was to build a 1,000MW high voltage direct current link between Kudus and Aarey power stations. Tata Power, in its plea, had argued that the Maharashtra electricity regulator had not followed a tariff based competitive bidding process while awarding such a large transmission contract.
This story is from the November 24, 2022 edition of The Free Press Journal.
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This story is from the November 24, 2022 edition of The Free Press Journal.
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