STATES IN INDIA BARRED FROM CANCELLING PPAS
The Government has barred the states in India from arbitrarily cancelling PPAs and has also imposed a penalty of 50% of the tariff. This notification has come after six states in the last two months have cancelled or renegotiated PPAs
CERC may soon be answerable to Parliament
The government of India has recently proposed to extend autonomous power to infrastructure regulators of the nation. Infrastructure regulators such as TRAI and CERC will have to now be answerable to Parliament. The regulators of electricity, post, airports, highways will