Adani Power arm gets nod to charge Rajasthan discoms higher coal cost
Adani Power on Tuesday said that electricity tribunal APTEL has allowed its subsidiary Adani Power Rajasthan to charge a higher cost of coal for a 1,200-MW power supply agreement with distribution companies in Rajasthan.
The tribunal allowed the compensation due to shortage of domestic coal, the company said in a regulatory filing.
“The Appellate Tribunal for Electricity (APTEL) has issued a judgement, allowing the claim of compensation for non-availability/shortage in linkage coal supply from Coal India, and use of alternative coal by the company’s wholly-owned subsidiary, APRL, in respect of the Power Purchase Agreement (PPA) of 1200 MW signed with Distribution Companies of Rajasthan,” a BSE filing said.
