RERC: Petition of Adani Power v/s RUVITL for for computation/adjustment of Late Payment Surcharge under the PPA

Petitioner: Adani Power Limited (Erstwhile “Adani Power Rajasthan Ltd.”)

Versus

Rajasthan Urja Vikas Nigam Ltd & IT Services Ltd., Jaipur Vidyut Vitran Nigam Ltd., Ajmer Vidyut Vitran Nigam Ltd. & Jodhpur Vidyut Vitran Nigam Ltd.

Background: Adani Power Limited has filed the present petition before the Commission under Section 86 (1) (b) and (f) of the Electricity Act, 2003 read with Article 8 (“Billing and Payment”) of the Power Purchase Agreement (PPA) dated 28.