Appellate Tribunal Rules in Favor of Exit Clause Added in Amended Hydropower PPA
The Tribunal directed the Haryana Commission to pass a fresh order within three months
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The Appellate Tribunal of Electricity (APTEL) has discarded the order passed by the Haryana Electricity Regulatory Commission (HERC) in which it had directed the amendment of a power purchase agreement (PPA) for a hydropower project.