Tuesday, August 16, 2016

Regulator can review power tariff in PPA

The tariff fixed in a Power Purchase Agreement (PPA) is not sacrosanct and it could be reviewed by the State Electricity Regulatory Commission, which is the statutory authority for fixing tariff under the Electricity Act, the Supreme Court ruled in its judgment, Gujarat Urja Vikas Nigam Ltd vs Tarini Infrastructure Ltd.


Post a Comment