Supreme Court Strikes Down Adani Power’s Bid for Rs. 1376.35 Crores, Levies Rs. 50K Fine
In a significant legal ruling, the Supreme Court handed a decisive blow to Adani Power Ltd’s pursuit for a hefty sum of Rs. 1376.35 crores in late payment surcharge from Jaipur Vidyut Vitran Nigam Limited (JVVNL). The apex court’s judgment, delivered on Monday, effectively dashed Adani Power’s hopes after it filed a Miscellaneous Application, hoping …