Gujarat Regulator Bars Encashment of ₹60 Million Connectivity Guarantee
Gujarat Energy Transmission Corporation must return the bank guarantee within 30 days
November 9, 2026
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The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Energy Transmission Corporation (GETCO) from invoking or encashing a ₹60 million (~$639,352) bank guarantee furnished for Stage II connectivity at the 220 kV Kalawad substation.
