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APTEL issues notices to CERC, Tata Power, Adani Power

Appellate Tribunal (APTEL) has issued notices to Central Electricity Regulatory Commission (CERC), Tata Power and Adani Power on NGO, Energy Watchdog's plea. Energy Watchdog has moved Appellate against the CERC order which allowed INR 1,200 crore compensatory tariff to two Mundra Projects of Tata Power and Adani Power in February this year.

The Energy Watchdog in its plea said that the move will give the two companies undue benefit and the plea moved by Tata Power and Adani Power was on the basis of high cost of fuel which was being imported from Indonesia. The plea has not yet been accepted but the notices have been issued to CERC which has given order, in the matter, to both Adani Power and Tata Power. The next date of hearing has been scheduled for May 6.

Source-On Request