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Nabha Power Ltd. vs. Punjab State Power Corporation Ltd. & Ors. 2025 INSC 1002
This landmark case examines whether the withdrawal of "deemed export benefits" under Para 8.3 of the Foreign Trade Policy 2009-2014, and related DGFT notifications, qualify as a “Change in Law” under Article 13 of the Power Purchase Agreement (PPA). #supremecourt #contractlaw #electricitylaw
Nabha Power Ltd. vs. Punjab State Power Corporation Ltd. & Ors. 2025 INSC 1002
This landmark case examines whether the withdrawal of "deemed export benefits" under Para 8.3 of the Foreign Trade Policy 2009-2014, and related DGFT notifications, qualify as a “Change in Law” under Article 13 of the Power Purchase Agreement (PPA). #supremecourt #contractlaw #electricitylaw