Sunday, January 29, 2012

GERC dismisses 'control period' extension plea of solar developers

In a major set back for solar power developers in Gujarat, the state power regulator, Gujarat Electricity Regulatory Commission (GERC) on Friday dismissed all petitions filed for extension of the control period. The regulator, in its order announced on Friday, rejected the petitions stating that the same were not made on strong grounds."None of the petitioners indicated any ground whatsoever which is of universal application either in the state of Gujarat or a major part thereof by which all the projects are affected by such factors. In view of the above analysis, we decide that the petitioners have not succeeded in making out a case for invoking the inherent power of the Commission to extend the control period, GERC stated in its 53-page order.
About 36 different solar power developers including Hiraco Renewable Energy, Kemrock Industries and Exports Ltd, Tata Power Renewable Energy, Moser Bear Energy and Development Ltd, Lanco Infratech Ltd and trade body Solar Energy Association of Gujarat among others had filed petitions for extension of the 'Control Period' as defined in the Commission's order no. 2 of 2010 dated January 29, 2010.

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