CERC: Petition for Appointment & Creation of Security Interest on Assets by Pachora Power Transmission Limited

Pachora Power Transmission Limited

Versus

Central Transmission Utility of India Limited,  Axis Trustee Services Limited & IndusInd Bank Limited

Background

The Petitioner, Pachora Power Transmission Limited (hereinafter referred to as ‘Petitioner/PPTL’), has been granted a transmission licence under Section 14 of the Electricity Act, 2003 (hereinafter referred to as ‘the Act’) to establish the “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh-Phase II” (hereinafter referred to as ‘the Transmission System’ or ‘Project’), the details of which are specified in the schedule attached to the licence issued vide order dated 15.