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September 22,2025

GERC: Petition of GUVNL v/s Octal Suppliers for recovery of termination compensation under the PPA dated 12.02.2008

Petitioner: Gujarat Urja Vikas Nigam Limited

Versus

Octal Suppliers Private Limited

Background: The Petitioner, Gujarat Urja Vikas Nigam Limited (GUVNL), has Miled the present Petition under Section 86 of the Electricity Act, 2003, seeking declaration and directions for recovery of termination compensation payment from the Respondent, M/s Octal Suppliers Private Limited, arising out of the termination of the Power Purchase Agreement (PPA) dated 12.

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