Adani Power shares in focus as SC agrees to hear appeal in Punjab State Electricity Regulatory Commission case

Adani Power's shares will be closely watched after the Supreme Court agreed to review its appeal against the Punjab State Electricity Regulatory Commission's refusal to approve a 2006 power purchase agreement. This agreement involved the supply of 101.5 MW from Udupi Power Corp to Punjab. The decision has significant implications for the power sector and investment stability.