The Supreme Court of India held that judicial coal block cancellation and the 2015 Coal Mines (Special Provision) Act, 2015 qualify as “Change in Law” under PPAs. The Court also set aside compensation granted for tapering linkage shortfall.
The Supreme Court held that press releases and administrative clarifications cannot be treated as a “Change in Law” under PPAs. Nabha Power and Talwandi Sabo’s appeals for compensation against PSPCL were dismissed.
