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        SC ruling may trip Adani Power's networth

        Ruling bars Adani Power from seeking compensatory tariff over spike in imported coal prices

        |
        Jash Kriplani  Published 6 years ago on May 23, 2017 • 3 minutes Read
        Soumik Kar

        The Supreme Court (SC) ruling on April 11 that power generation companies will not get any compensatory tariff to cover the surge in imported coal prices has given a jolt to power stocks. While Adani Power has lost 29% of its market value, Tata Power has erased 7.75% of its m-cap.

        Adani Power|Supreme Court|Tata Power|Adani Ports|Adani Transmission|Reliance Securities|CARE|Ace Equity

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