liquidated damages

APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects

APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […]

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APTEL Sets Aside KERC Order, Restores Benefit To Solar Developer

The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a small solar power developer, Hunsankodilli Solar Power Project LL.P (developer) that has set up a 3 MW solar plant in Karnataka. The ruling follows a similar one declared early in August where the apex authority had taken a similar view. The developer had […]

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