Daily News Wrap-Up: APTEL Rejects Plea for Interim Relief in Tariff Dispute
Tamil Nadu issues wind repowering and refurbishment policy
September 16, 2024
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The Appellate Tribunal for Electricity (APTEL) has rejected ReNew Naveen Urja’s petition for interim relief against the Central Electricity Regulatory Commission’s (CERC) order adopting the tariff for its wind project. ReNew Naveen Urja had requested a stay on the CERC order, citing procedural irregularities in Solar Energy Corporation of India’s (SECI) bidding process. However, APTEL dismissed the petition because ReNew Naveen Urja failed to demonstrate irreparable injury, and the balance of convenience did not favor halting SECI’s actions, including the potential invocation of bank guarantees. ReNew Naveen Urja participated in a competitive bidding process initiated by SECI to procure 1,200 MW of wind power. The appellant was awarded a contract to develop a 297.5 MW wind power project (later increased to 300 MW).