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ARTICLE · 17 JANUARY 2020

CERC Rejects Review Petition By SECI

Economic Laws Practice
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On August 4, 2015, Ministry of New and Renewable Energy (MNRE) issued a Scheme for setting up 2000 (two thousand) MW Grid connected Solar PV Projects.

IndiaEnergy and Natural Resources
Economic Laws Practice
Economic Laws Practice
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What were the facts of the case?

  • On August 4, 2015, Ministry of New and Renewable Energy (MNRE) issued a Scheme for setting up 2000 (two thousand) MW Grid connected Solar PV Projects.
  • Being the nodal agency for the Scheme, Solar Energy Corporation of India Limited (SECI) issued the Request for Selection (RfS), in order to select developers for the development of 500 (five hundred) MW Grid connected Solar PV Projects on Build, Own and Operate basis in the State of Maharashtra.
  • Welspun Energy Private Limited (Welspun) was awarded 100 (one hundred) MW project and signed a power purchase agreement (PPA) with SECI on April 10, 2016.
  • During the course of implementation of the project, disputes arose between Welspun and SECI. Pursuant to this, Welspun filed a petition for resolution of disputes arising out of the PPA.

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