Regulator Rules in Favor of Solar Project Developer for Delay in Signing PPA

The regulator said that the delays would not adversely impact MSEDCL

February 16, 2021

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The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) not to encash Avaada Energy’s bank guarantee for a delay in signing the power purchase agreement (PPA) for 250 MW of solar projects in the state.

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Nithin Thomas

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Regulator Rules in Favor of Solar Project Developer for Delay in Signing PPA

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