3/3/2021 0:00 News & Articles
Read the article "Lack of Restitution Clause in Solar PPAs Must Not Lead to Rejection of Carrying Costs Claims" authored by our Regulatory Associate Partner, Aditya K Singh published on Mercom India.
"Electricity Commissions should not blindly rely on the Supreme Court judgment but exercise their regulatory power, read with other dictums of the Supreme Court. However, this does not mean that the Electricity Commissions should allow carrying costs in all cases, but they should exercise their power to allow it on a case-to-case basis. They should also take into consideration the conduct of the parties so that procurers/DISCOMS should not be burdened for the negligence of the generators."
Read the full article here.