APTEL Upholds Guarantee Encashment in Delayed 1.5 GW Tamil Nadu Solar Project
The tribunal referred the issue of liquidated damages to the state regulator
July 31, 2026
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The Appellate Tribunal for Electricity (APTEL) has upheld the encashment of performance guarantees by the Tamil Nadu Generation and Distribution Company (TANGEDCO) due to delays by a solar developer in commissioning a 1.5 GW project.
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Parth Shukla
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