News & Articles

Feb 20 2021
APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction
By Mercom India - dated 20th February 2021

Read the expert views of our Associate Partner, Aditya K Singh published by Mercom India in its story "APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction".

"APTEL has taken the right step by giving interim relief to developers. Ideal relief should have been a complete stay on the tender. However, APTEL must have found it difficult because of the findings of APTEL in the order pronounced in Appeal Number 22 of 2016 (SunEdison Solar vs. DERC & Others). In the SunEdison case, Delhi DISCOM BSES had withdrawn its tariff adoption petition filed on the grounds of a significant reduction in solar power cost (a letter of intent was also issued to SunEdison). APTEL allowed the cancelation of the bidding process heavily relying on the term “consumer’s interest”"...

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