(ET)
The Gujarat government has approached the Supreme Court to prevent consumer groups such as Energy Watchdog and Prayas Energy from influencing decision on resolution proposal of Rs 50,000-crore imported coal-based plants of Tata Power, Adani Power and Essar Power.
The proposal by an expert panel has been resisted as “illegal” by consumer groups, the Gujarat government and its power utility said in their petition to the Supreme Court. The court has admitted the matter and will hear it on October 29, sources said.
The expert committee, led by retired Supreme Court judge RK Agarwal, has recommended opening up the power purchase agreements (PPAs) to allow fuel cost pass through and an option to the companies to extend the power purchase contracts by 10 years.
