APTEL Affirms RERC’s Ruling on Claim Against Retroactive Impact on PPAs

The petitioner asserted that the 2014 regulations can’t be applied to earlier contracts

January 8, 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 Kishangarh Hi-tech Textile Park (KHTPL), contending that regulations should not retroactively impact Power Purchase Agreements (PPA).

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Arjun Joshi

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APTEL Affirms RERC’s Ruling on Claim Against Retroactive Impact on PPAs

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