Karnataka High Court stays CERC’s new regulations imposing higher penalty for deviation on renewable energy firms
In a temporary relief for the renewable energy sector across the country, the High Court of Karnataka has stayed the operation of the two key provisions of the Deviation Settlement Mechanism and Re...
Source: The Hindu
In a temporary relief for the renewable energy sector across the country, the High Court of Karnataka has stayed the operation of the two key provisions of the Deviation Settlement Mechanism and Related Matters (DSM) Regulations, 2024, of the Central Electricity Regulatory Commission (CERC), altering the formula for computing deviation charges, imposed stricter deviation bands, and prescribed enhanced penalties with effect from April 1.
