Adani Power Limited (A): Renegotiating Long-term Electricity Contracts

Abstract

Adani Power Limited (A) is the first case in a series of cases on the attempts by the firm to wriggle out of negative consequences of long-term fixed price power purchase agreements it had entered into. The firm wanted to terminate the agreement on the ground that its bid was based on coal allocation by another Government owned entity. This case describes as to how the firm was unable to get the contract terminated due to regulatory interventions. The case also raises public policy issues including the robustness of guidelines for procurement of power.

Citation

Pandey, A. (2014), "Adani Power Limited (A): Renegotiating Long-term Electricity Contracts", . https://doi.org/10.1108/CASE.IIMA.2020.000157