REL win 10 appeals in power tribunal
In a bonanza for Reliance Energy Ltd, the Appellate Tribunal for Electricity has ruled in its favour in as many as ten appeals filed by the company and its three power distribution companies in Orissa.
By PTI |
NEW DELHI: In a bonanza for Reliance Energy Ltd, the Appellate Tribunal for Electricity has ruled in its favour in as many as ten appeals filed by the company and its three power distribution companies in Orissa.
The Tribunal clubbed the ten appeals by REL, and the discoms - Western Electricity Co of Orissa Ltd (WESCO), North Eastern Electricity Supply Co (NESCO) and Southern Electricity Co (SOUTHCO) - in four judgements and set aside the orders of Orissa Electricity Regulatory Commission in all the cases.
In the first case, the Tribunal revoked the orders for appointing Special Officers to oversee the operations of three distribution companies in the state and asked them to hand back the charge to the discoms, in which the Anil Ambani group firm has management control with 51 per cent stake.
Further, the Tribunal allowed the appeals of the three discoms challenging OERC's decision to fix transmission tariff to be paid by them to state-owned utility Orissa Power Transmission Corporation Ltd for 2006-07.
The ATE also asked OERC to re-determine the transmission tariff, and said till that time the discoms would pay tariff as already determined by the regulator but subject to ultimate orders and adjustment of payments.
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The three utilities had contended that OERC fixed "exorbitant" tariff which they need to pay OPTCL, and it should be reduced in the interest of discoms and consumers.All the orders were passed by a bench comprising Judicial Member Justice E Padmanabhan and Technical Member H L Bajaj on December 13. Reliance Energy had on the same day also gained an upper hand on key rival Tata Power, when Padmanabhan ruled in its favour and asked Tata Power to refund Rs 354 crore paid for power supply in Maharashtra.
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