Stay by Madras High Court on RRF Mechanism
In an important development on the RRF Implementation front, the High Court of Madras has acceded to the request of affected wind developers. According to a circular on IWPA’s website, the Madras high Court has ordered a stay on the full implementation of CERC order on RRF.
The circular mentions that according to the court order, wind projects will need to continue to forecast and schedule their generation, but the court has stayed the collection of UI charges.
It is being expected that the decision on similar petitions in other courts also will follow similar suite. Continuing the scheduling and forecasting will eventually help meet the envisaged objectives of a mock trial, which was lately conducted and concluded in haste. Also, it will be important to keep a track of the implications, if a new order is applied retrospectively at a later stage.
The circular can be accessed here.
Other related information on RRF Mechansim can be assessed in our relevant blog articles as under: