Big Blow To Adani Power And Tata Power; SC Disallows Compensatory Tariff [Read Judgment]

In what brings the curtains down a decade long debate on whether power companies are entitled to charge a "compensatory tariff" from consumers, the apex court ruled against it.A bench consisting of P.C Ghose and Rohinton Nariman, JJ set aside an order of the Appellate Tribunal for Electricity (APTEL) that had awarded compensatory tariff to Tata Power and Adani Power.In consequence, the...