Delhi HC upholds SECI decision reallocating solar capacity to Adani
pre-market1 source ↓written by the desknot a recommendation
- of solar capacity
- 2.33 GW
The Delhi High Court upheld the SECI's decision to reallocate 2.33 GW of solar capacity from Azure Power to Adani Green Energy. The court dismissed a public interest litigation questioning the competitive bidding process, stating no public injury was established. This ruling may enhance Adani's position in the renewable sector, potentially impacting market sentiment.
Not investment advice. For informational purposes only.