energy sector

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

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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Gujarat Revokes Power Tariff Hike: Adani, Essar to Gain

It is claimed that a recent decision by the Gujarat government, to revoke a 2018 government resolution allowing increases in electricity tariffs by private power companies in the Adani, Tata and Essar groups, would “safeguard” consumer interests. On the contrary, the decision may benefit the private companies at the expense of electricity consumers.

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