UTTAR HARYANA BIJLI VITRAN NIGAM LTD. vs ADANI POWER (MUNDRA) LIMITED

The Supreme Court upheld the decision of the Appellate Tribunal for Electricity, which dismissed the appeal of Uttar Haryana Bijli Vitran Nigam Limited against the Central Electricity Regulatory Commission's order regarding the Power Purchase Agreements with Adani Power. The court found that the agreements were valid and that the tariff adjustments sought by Adani Power were justified under the Electricity Act, 2003. Consequently, the appeal was dismissed, affirming the lower court's ruling.