Supreme Court upholds ₹127 crore liability on Vedanta subsidiary
pre-market1 source ↓written by the desknot a recommendation
- plus late payment
- ₹127 crore
The Supreme Court has directed Talwandi Sabo Power Ltd to pay ₹127 crore plus late payment charges to Punjab State Power Corporation Ltd. This ruling reinstates an earlier order by the Punjab State Electricity Regulatory Commission after overturning a previous decision by the Appellate Tribunal for Electricity. The case pertains to alleged misdeclaration of power availability in January 2017.
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