‘Supreme Court order on power sector regulators positive for producers’

NEW DELHI: The recent apex court order upholding the statutory powers of regulators to review tariffs in power purchase agreements is a positive regulatory development for generation entities, domestic ratings agency IcraBSE 1.59 % said today.

“The recent SC orders…is a positive regulatory development for generation entities, which are in dispute with off-takers over the review of tariff, arising out of reasons/events which are uncontrollable,” Icra said in a statement.
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