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1424/2014

March 7, 2015 @ 6:00 am - 12:30 pm UTC+5.5

In the matter of petition of adjudication of dispute under section 86(1) (f) of the Electricity Act, 2003 read with Article 8 of the Power Purchase Agreement dated 07.08.2008 executed between the petitioner and GUVNL, regarding wrongful levy of liquidated damage/ penalty amount of Rs. 44 Lakhs due to non- availability of the targeted generation during the FY 2012-2013 was a Force Majeure event as per the provisions of the PPA.

Details

Date:
March 7, 2015
Time:
6:00 am - 12:30 pm UTC+5.5
Event Category: