India, May 24 -- The Supreme Court has dismissed an appeal filed by Rajasthan's power distribution companies against a ruling of the Appellate Tribunal for Electricity (APTEL) in favour of Adani Power Rajasthan Ltd, asking them to pay Adani Power around Rs.186 crore in compensation.

A bench of justices M M Sundresh and Rajesh Bindal said on May 23, that it found no merit in the appeals filed by Jaipur Vidyut Vitran Nigam Ltd (JVVNL) and other state discoms. The court upheld APTEL's April 2024 decision that recognised a levy introduced by Coal India Ltd (CIL) as a "change in law" event under the Power Purchase Agreement (PPA) between Adani Power and the discoms.

In December 2017, CIL had issued a notification introducing an Evacuation Fa...