{"id":467063,"date":"2022-02-09T11:09:15","date_gmt":"2022-02-09T05:39:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=467063"},"modified":"2022-02-09T11:09:15","modified_gmt":"2022-02-09T05:39:15","slug":"adani-gujarat-urja-settle-row-over-ppa","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-gujarat-urja-settle-row-over-ppa\/","title":{"rendered":"Adani, Gujarat Urja settle row over PPA"},"content":{"rendered":"<p>The Supreme Court on Tuesday disposed of a plea to reconsider an earlier 2019 top court ruling upholding Adani Power (Mundra) Limited&#8217;s move to terminate a power purchase agreement with Gujarat Urja Vikas Nigam Limited following an out-of-court settlement between the two sides.<\/p>\n<p>As per the settlement, Adani will resume power supply to the state-owned entity and withdraw a \u20b910,000 crore claim against Gujarat Urja. The earlier order, upholding the termination of the PPA, was passed by a bench led by Justice Arun Mishra who has since demitted office. Gujarat Urja had challenged this by way of a curative petition in September 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Tuesday disposed of a plea to reconsider an earlier 2019 top court ruling upholding Adani Power (Mundra) Limited&#8217;s move to terminate a power purchase agreement with Gujarat Urja Vikas Nigam Limited following an out-of-court settlement between the two sides. As per the settlement, Adani will resume power supply to the state-owned entity and withdraw a \u20b910,000 crore claim against Gujarat Urja. The earlier order, upholding the termination of the PPA, was passed by a bench led by Justice Arun Mishra who has since demitted office. Gujarat Urja had challenged this by way of a curative petition [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-467063","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=467063"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467063\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=467063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=467063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=467063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}