RERC clarifies LPS adjustment framework in Adani-RUVNL dispute
The Rajasthan Electricity Regulatory Commission has issued an order in the dispute between Adani Power Limited and Rajasthan state distribution companies over the methodology for computation and adjustment of Late Payment Surcharge (LPS) under the Power Purchase Agreement (PPA) for the 1,200 MW Kawai thermal power station. In its order on Petition No. RERC/2249/2024, the…