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1333/2013

February 15, 2014 @ 6:00 am - 12:30 pm UTC+5.5

In the matter of seeking adjudication of dispute under section 86 (1)(f) of the Electricity Act, 2003 in terms of the Power Purchase Agreement dated 30.04.2010 for 25 MW Solar Power Project of M/s Cargo Solar Power Gujarat Pvt. Limited with GUVNL regarding (i) considering the period from 07.04.2012 to 31.07.2013 as Force Majeure Event; and (ii) changes in the definition of Construction Default Date, Schedule Commercial Operation Date (SCOD), Article 2.2 pertaining to Licences, permits and conditions precedents, Article 4.3 pertaining to liquidated damages for delay in commissioning the project/solar thermal grid interconnectivity power plant beyond Schedule Commercial Operation Date and extend the time limit for Schedule Commercial Operation Date from 31.07.2013 to 31.12.2014.

Details

Date:
February 15, 2014
Time:
6:00 am - 12:30 pm UTC+5.5
Event Category: