Appellate tribunal for Electricity(ApTEL) in a recent order have directed the Central Agency to revoke the balance disputed RECs issued and unsold for the Financial year 2018-19 to APSPDCL and cancel/revoke the registration according to CERC REC regulations 2010. ApTEL also added that the Certificates which are sold by the APSPDCL need not to […]
Former regulators question its need, legal experts cite loopholes One of the new additions, among a dozen, to the draft Electricity Bill, 2020 by the Centre is the proposal to set up a new body to enforce and oversee contracts in the power sector. The Electricity Contract Enforcement Authority (ECEA) under Section 109 (A) of […]
The government has also proposed to empower load dispatch centres to oversee the payment security mechanism to power plants from discoms before scheduling dispatch of electricity New Delhi: The government proposes to establish an Electricity Contract Enforcement Authority to resolve issues based on performance of contracts among power plants, transmission companies and distribution utilities. It […]
APTEL has upheld approval granted for transfer of 75.01 per cent ownership of Prayagraj power project to Renascent Venture but without any reduction of adopted tariff, the company said in a statement New Delhi: Tata Power on Monday said apex power tribunal APTEL has approved acquisition of 75 per cent stake in stressed 1,980 MW Prayagraj power project by its joint […]