APTEL Stays The Order of Central Commission Allowing The Claim for Deemed Fixed Charges From Distribution Licensees Not Procuring Any Power As Claimed Under the Section 11 Directions Issued By The Ministry of Power
On 18.04.2023, the Hon’ble Appellate Tribunal for Electricity (‘APTEL’) passed an order in an Appeal filed by Haryana and Punjab Utilities, staying the Order dated 03.01.2023 passed by the Central Electricity Regulatory Commission (‘CERC’) in the Petition filed by Tata Power Company Limited (‘Tata Power’) seeking compensation on account of the ‘adverse financial impact’ in terms of Section 11(2) of the Electricity Act, 2003.
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