Adani’s Plea for Tariff Revaluation Rejected by Tamil Nadu Electricity Regulatory Commission
November 21, 2016
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The ongoing legal case between Adani Green Energy and the Tamil Nadu Electricity Regulatory Commission (TNERC), which will decide the final tariff rate for Adani’s solar project in the state, took another turn with the regulatory commission asking the company to file their plea as a Dispute Resolution Petition. Adani completed a 648 MW solar project in Tamil Nadu at a cost of $679 million (~Rs.45.6 billion) earlier this year. Mercom has reported that 360 MW of the 648 MW had been commissioned in March of 2016 while the remaining 288 MW was delayed due to evacuation issues.