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Seeking Directions to Restrain SECI From Invoking the Bank Guarantees and for Returning the Bank Guarantees

Seeking Directions to Restrain SECI From Invoking the Bank Guarantees and for Returning the Bank Guarantees

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In the matter of Petition under Section 79 of the Electricity Act, 2003 and the statutory framework governing the procurement of power through competitive bidding and Article 11 read with Article 13.5 and Article 4.5.3 of the Power Purchase Agreement dated 17.12.2019 executed between Solar Energy Corporation of India Limited and Rihand Floating Solar Private Limited seeking directions to restrain SECI from invoking the bank guarantees and for returning the bank guarantees.

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Anand Gupta Editor - EQ Int'l Media Network