The Supreme Court has asked the Himachal Pradesh government to respond to Adani Power’s appeal seeking a refund of Rs 280.96 crore with 18% interest related to a hydro-electric power projects dispute. The Himachal Pradesh High Court had previously overturned its own order for the refund, citing violations of tender conditions and the Hydro Power Policy. Adani Power claims the refund was due in 2015, but the delay has impacted its financial capacity and investment inflow.
SC Seeks Himachal Govt’s Response on Adani Power’s Rs 280 Crore Refund Plea
SC Seeks Himachal Govt's Response on Adani Power's Rs 280 Crore Refund Plea