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.
Supreme Court dismissed GUVNL’s appeal, ruling it must follow public policy, not just profits. SC upheld GERC and APTEL’s orders on fair wind energy tariffs.
