Supreme Court of India · 2022-11-16
M.P. POWER MANAGEMENT COMPANY LIMITED vs M/S SKY POWER SOUTHEAST SOLAR INDIA PRIVATE LTD.
- Citation / case number
- SC 2021/6652
- Court
- Supreme Court of India
- Petitioner
- M.P. POWER MANAGEMENT COMPANY LIMITED
- Respondent
- M/S SKY POWER SOUTHEAST SOLAR INDIA PRIVATE LTD.
- Author
- HON'BLE MR. JUSTICE K.M. JOSEPH
- Bench
- HON'BLE MR. JUSTICE HRISHIKESH ROY HON'BLE MR. JUSTICE K.M. JOSEPH
Judgment text excerpt
The Supreme Court overturned the High Court's decision that quashed the termination of a Power Purchase Agreement (PPA) by M.P. Power Management Company. The court found that the termination was justified based on the terms of the PPA and the circumstances surrounding the bidding process. Consequently, the appeal was allowed, reinstating the termination of the PPA.