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NCLT Has Jurisdiction To Adjudicate Contractual Disputes Which Arise Solely From Or Which Relate To Corporate Debtor s Insolvency: Supreme Court

NCLT Has Jurisdiction To Adjudicate Contractual Disputes Which Arise Solely From Or Which Relate To Corporate Debtor s Insolvency: Supreme Court
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After O2, Tata Power & Vena, SJVN also moves appellate tribunal on Dholera issue

After O2, Tata Power & Vena, SJVN also moves appellate tribunal on Dholera issue SECTIONS Share Synopsis It filed with APTEL on Tuesday, becoming the fourth company involved in the matter to do so. ReNew Power remains the only company not to file a case. Out of the total of 700 MW, SJVN had won 100 MW at a price of Rs. 2.80 per unit. Vena and Tata Power had won 100 MW each at a tariff of Rs. 2.78, while ReNew won 200 MW at Rs. 2.79. O2 was awarded the remaining 200 MW at Rs. 2.81. NEW DELHI | MUMBAI: SJVN, a joint venture between the Centre and government of Himachal Pradesh, has also approached the Appellate Tribunal for Electricity (APTEL) to seek a remedy in the Dholera solar tender cancellation issue, a senior power ministry official said.

Indian renewable energy sector will need investments of $500 billion to meet 450 GW target: Report

Tata Power: Dholera issue: O2 Power, Tata, and Vena move the Electricity Appellate Tribunal for relief

MUMBAI: Renewable energy producers O2 Power, Tata Power and Vena Energy have approached the Appellate Tribunal for Electricity (APTEL) after tenders for power generation in Gujarat’s Dholera Solar Park were cancelled by the state’s procurement company, people aware of the development said. Renew Power, the fourth developer which had won a contract to put up a facility in the project, has not sought relief from the APTEL in the matter, they said. Hearing on the issue took place on Monday after the aggrieved developers filed an urgent listing with APTEL regarding cancellation of tenders for 700 MW of solar power generation in the Dholera solar park by Gujarat Urja Vikas Nigam Limited (GUVNL).

Andhra Pradesh: 6,400 MW project to save state s exchequer Rs 50,000 crores

Andhra Pradesh: 6,400 MW project to save state s exchequer Rs 50,000 crores ANI | Updated: Feb 05, 2021 16:40 IST Amaravati (Andhra Pradesh) [India], February 5 (ANI): The Andhra State Government has said that the 6,400 Mega Watt (MW) Solar Power Project will provide 9 hours of uninterrupted power to farmers and save the state s exchequer, Rs 3,800 crores in the first operational year and Rs 50,000 crores within its life span. The Solar Power Project power will be procured at just 2.48 per kilowatt-hour whereas the average power procurement cost of the State as of now is close to Rs 5.2 per kWh, according to a press statement from Andhra Pradesh Chief Minister s office on Thursday.

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