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Supreme Court allows Adani-Dickey consortium to continue operating Coastal Energen power plant

By Economic Times - 7 days ago
The Supreme Court has allowed the Adani Power and Dickey Alternative Investment Trust consortium to operate Coastal Energen's 1,200 MW power plant until the NCLAT decides on appeals against the resolution plan. The consortium cannot dismantle the plant or create third-party rights. The final proceedings will not be affected by this observation.

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