Supreme Court rejects Adani Power's application for late payment surcharge from Rajasthan discoms, fines Rs 50,000 for improper filing.

The Supreme Court has rejected Adani Power's application seeking a late payment surcharge of over Rs 1300 crore from Rajasthan distribution companies (discoms). The court also fined Adani Power Rs 50,000 for moving a miscellaneous application for clarification instead of a review petition. The court dismissed the application, noting Adani Power did not file any review petition against the August 2020 judgment.