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Petition of the PPA, for approval and consequent relief sought by the Petitioner due to a ‘Change in Law’ event

Petition of the PPA, for approval and consequent relief sought by the Petitioner due to a ‘Change in Law’ event

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Petition under Section 79(1)(b) read with 79(1)(f) of the Electricity Act, 2003 and Article 10.1 of the Power Purchase Agreement dated 1.4.2013, for approval and consequent relief sought by the Petitioner due to a ‘Change in Law’ event viz. the introduction of new environmental norms by way of the Environment (Protection) Amendment Rules, 2015 issued by the Ministry of Environment, Forest and Climate Change dated 7.12.2015, impacting the revenues and costs of the Petitioner during the operating period. Sembcorp Energy India Limited

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Anand Gupta Editor - EQ Int'l Media Network

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