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APTEL reinstates 50 MW wind project being developed by Inox Wind arm

APTEL has directed to extend the scheduled commercial operation date (SCOD) of the project by the requested period and also set aside the invocation/ encashment of its bank guarantee

Topics
APTEL | Energy

Press Trust of India  |  New Delhi 

Renewable energy, wind power
Photo: Bloomberg

Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit.

"Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Services Limited (IGESL), (earlier known as Inox Wind Infrastructure Services Limited), has been allowed by Appellate Tribunal for Electricity (APTEL), New Delhi vide its Order dated 11th January, 2022," it said in a BSE filing.

Under the directions given in the order, the 50 MW (SECI Tranche - 1) wind power project of WFRPL being undertaken in Kutch (Gujarat), awarded by the Solar Corporation of India (SECI), has been reinstated at a tariff of Rs 3.46 per KWH.

has directed to extend the scheduled commercial operation date (SCOD) of the project by the requested period and also set aside the invocation/ encashment of its bank guarantee, it added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, January 13 2022. 01:09 IST
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