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 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.