Lack of Restitution Clause in Solar PPAs Must Not Lead to Rejection of Carrying Costs Claims

Regulators should exercise their powers on a case-by-case basis

March 3, 2021

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Electricity Regulatory Commissions (ERCs) have been denying the claim of carrying costs raised by developers in the various change in law petitions (CIL Petition) if their power purchase agreements (PPAs) do not have a restitution clause.

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Aditya K Singh

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Lack of Restitution Clause in Solar PPAs Must Not Lead to Rejection of Carrying Costs Claims

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