CERC: Petition Challenging LTA Cancellation and Bank Guarantee Encashment under CERC Regulations

Petition under Section 79 (1)(c) and (f) and other applicable provisions of the Electricity Act, 2003, read with Central Electricity Regulatory Commission (Grant of Connectivity, Long Term Access and Medium Term Open Access in the inter-State transmission and related matters) Regulations, 2009 against the cancellation of LTA granted by the respondent and encashment of bank guarantee.