Renewable connectivity dispute tests bank guarantee rules under GERC
The renewable connectivity dispute before GERC is emerging as a key test case for bank guarantee enforcement under RE policy Gujarat. Multiple petitions against GETCO connectivity issue have been fully argued, with orders awaited.
The GERC bank guarantee case involving Durga Processors seeks recovery of Rs 25 lakh and associated charges, raising questions on refund eligibility. This renewable connectivity dispute highlights ambiguity in how utilities treat provisional payments.
Viowin Renewables has challenged encashment of a Rs 2.10 crore guarantee, significantly increasing the financial implications. The renewable connectivity dispute in this case focuses on protecting developer interests against utility actions.
In a related matter, Rolex Rings has agreed to withdraw its High Court petition to allow GERC proceedings to continue. This renewable connectivity dispute introduces force majeure considerations and connectivity extension claims.EnergylineIndia.com highlights that the renewable connectivity dispute could set regulatory precedents. The renewable connectivity dispute is likely to influence future connectivity agreements and BG enforcement practices, Energy Law, Renewables India, GERC Orders, Power Sector, Grid Access.
