Reliance Power Limited — Others, 09-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
09-07-2025 | 12:25 pm
09-07-2025 | 12:25 pm
Reliance Power’s subsidiary, Reliance NU Suntech, has secured a stay from the Delhi High Court against the termination of its power purchase agreement by Solar Energy Corporation of India. The court has ordered both parties to maintain the status quo, preventing any coercive actions by the solar company for now. This legal development protects the subsidiary’s ongoing operations and revenue under the disputed agreement, providing temporary stability amid the contract dispute.
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