SBI moves SC, seeks amendment in pacts between power companies, discoms

SBI has moved the Supreme Court seeking implementation of a high power panel's recommendation to amend the PPAs between various discoms and three Gujarat-based electricity producers who were running losses as they could not hike tariffs to compensate for the rise in cost of coal imported from Indonesia.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2JgaFTF