New Delhi: State electricity distribution utilities cannot use the countrywide lockdown to invoke force majeure clause and renege on contractual obligations under power purchase agreements, say power producers.
The troubled power sector will be mired in a new set of legal cases if the issue is not amicably resolved.
The Central Electricity Regulatory Commission (CERC) is expected to issue an order that might reduce the late payment surcharge payable by discoms to power projects.
