CERC: Reviews Security Trustee Appointment and Asset Charge for Gujarat Transmission Project Financing Approval

Petition seeking approval under Section 17 (3) and (4) of the Electricity Act, 2003 for bringing on record the appointment of IDBI Trusteeship Services Limited – Respondent No. 2 as a Security Trustee and for creation of security interest by way of hypothecation over the assets of Petitioner and pledge of 51% equity share capital of the Petitioner held by the promoter in favour of the IDBI Trusteeship Services Limited – Respondent No.