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Adani Watch, News

Adani’s power grab sparks fears of privatisation

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A grab by the Adani Group for power-transmission licences in Mumbai and a satellite of new Delhi is part of a wider push for privatisation of the power-distribution sector, according to electricity unions. Industrial action in January 2023 prompted government officials to consider this concern. However, the ultimate decision-making authority lies with a regulatory body. Unions protesting about Adani’s move are concerned the company will ‘cherry pick’ its customers.

Adani Watch, News

Adani Power Limited vs Haryana: The making of a power crisis

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An engineers’ union has alleged that an Adani-owned coal-power station is part of an unauthorised scheme to divert electricity that is contracted to supply the northern Indian state of Haryana to the western state of Gujarat – the home state of Adani chairman Gautam Adani and India’s Prime Minister Narendra Modi. According to the union’s complaint to authorities, the diversion occurred in the peak of the summer months, while Haryana was facing a debilitating heat wave and rolling blackouts.

News, News Click

Justice Arun Mishra’s Final ‘Gift’ of Rs 8,000 Crore to Adani

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On August 31, a Supreme Court Bench headed by Justice Arun Mishra approved the decision by electricity regulators to grant Adani Power “compensatory tariffs” amounting to Rs 8,000 crore for electricity generated at its power plant in Rajasthan. The verdict is the seventh judgment since 2019 in which benches headed by him have ruled in favour of Adani group companies.

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How Adani Power Rajasthan Gains ₹2,500 Crore At Consumers’ Expense

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Regulatory authorities have interpreted rules in ways that have resulted in mounting losses for public sector electricity distribution companies while users are paying higher tariffs. The Supreme Court granted Adani Power Rajasthan Limited rights to claim over ₹2,500 crore from three Rajasthan discoms by passing through tariff increases to electricity consumers, despite a 2017 judgment forbidding such compensation.

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