Bengaluru: The Karnataka High Court has quashed the state regulator’s order imposing retrospective charges related to transmission on renewable energy developers.
The developers had challenged a May 2018 order of the Karnataka Electricity Regulatory Commission (KERC) that imposed retrospective ‘wheeling and banking’ charges on wind, hydel and solar projects commissioned from October 2013, January 2015 and March 2017.
The order applied to projects involved in ‘open access’ transmission or those selling power to corporate entities.