Supreme Court dismisses TATA Power's challenge to ₹7,000 Crore transmission contract awarded to Adani Electricity on nomination basis

The Court observed that the provisions of Electricity Act do not provide one dominant method to determine tariff and that competitive bidding cannot be meant to take precedence over nomination.
Supreme Court
Supreme Court

The Supreme Court on Wednesday dismissed Tata Power's challenge to Maharashtra Electricity Regulatory Commission's (MERC) decision to award a ₹7,000 crore transmission contract on a nomination basis to Adani Electricity [The Tata Power Company Ltd Transmission vs MERC & Ors.].

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