Tribunal Upholds RERC Order Rejecting Claim Against Retroactive Impact on PPAs
PPAs must be adjusted and harmonized with regulations introduced post-execution
January 5, 2024
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The Appellate Tribunal for Electricity (APTEL) has upheld the Rajasthan Electricity Regulatory Commission’s (RERC) decision dismissing a petition filed by a wind energy generator contending that regulations should not retroactively impact power purchase agreements (PPA).
Arjun Joshi
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