CERC: Petition for Lanco Kondapalli seeks reimbursement of finance procurement costs with interest dispute

Petition for reimbursement of finance and procurement costs and applicable interest as per the provisions of PPA.

Lanco Kondapalli Power Limited,

Versus

Andhra Pradesh Power Coordination Committee, Transmission Corporation of Andhra Pradesh Ltd., Southern Power Distribution Company of Telangana Ltd, Southern Power Distribution Company of Andhra Pradesh Ltd & 2 Others

Background:The Petitioner, Lanco Kondapalli Power Limited (in short ‘LKPL’), has filed the instant Petition under Section 79(1)(f) of the Electricity Act, 2003 (‘the Act’), seeking the following reliefs:

(a) Allow the Present Petition and direct that the pleadings in OP No.