CERC can revise power tariffs despite pacts, says Attorney General

Attorney General of India Goolam Vahanvati has said the power regulator can regulate and revise electricity tariffs irrespective of the contracts signed by power producers with distribution companies.

The opinion of the country’s top legal officer offers a ray of hope to power generators like Tata Power, Reliance Power and Adani Power, which own 12,000 MW capacity imported coal-based plants.

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Mechanical engineer with experience in Power Plant maintenance , operation and auditing for ISI marked products. MBA in Power Management from National Power Training Institute, Faridabad. Working as Consultant for Bridge to India Pvt. Ltd. Expertise in: 1) Power sector regulations 2) Financial Modelling 3) Project Development solar PV plants 4) Strategic consulting 5) Report writing

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