Regulatory Developments in Power Generation Sector: April 3, 2025
APTEL partially approves GUVNL and Essar Power’s appeals against GERC order The Appellate Tribunal for Electricity (APTEL) has partially approved the cross-appeals filed by Gujarat Urja Vikas Nigam Limited (GUVNL) and Essar Power Limited against the Gujarat Electricity Regulatory Commission’s (GERC) order dated December 27, 2019, in Petition No. 972 of 2009. The case pertains to the determination of recoverable amounts and delayed payment charges by GUVNL, as directed by the Supreme Court in its…