APTEL Asks DISCOM to Return Bank Guarantee of a Delayed Solar Project
The Tribunal granted 15 months’ extension for the project due to ‘force majeure’ events
July 8, 2021
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The Appellate Tribunal for Electricity (APTEL), in a recent order, has ruled in favor of a solar developer, allowing a 15-month extension for a delayed solar project. Of the total extension given, the Tribunal granted ten months of additional time frame on account of the ‘force majeure’ event due to the unavailability of the transmission system. Further five months’ extension has been allowed due to the Covid-19 pandemic and the subsequent lockdown last year.