The Supreme Court of India, in a reportable judgment delivered on February 27, 2026, has held that the cancellation of coal blocks by the judiciary and the subsequent enactment of the Coal Mines (Special Provision) Act, 2015, qualify as “Change in Law” events under Power Purchase Agreements (PPAs). However, the Court partially allowed the appeal
Coal Block Cancellation and 2015 Act Constitute ‘Change in Law’; Supreme Court Rejects Compensation for Shortfall in Tapering Linkage
