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September 18,2025

GERC: Petition of GUVNL v/s Raj International for recovery of Termination Compensation under PPA dated 26.8.08, 18.02.10

Petitioner: Gujarat Urja Vikas Nigam Limited

Versus

M/s Raj International Limited

Background: The present Petition is filed by the Petitioner, Gujarat Urja Vikas Nigam Limited (GUVNL), under Section 86 of the Electricity Act, 2003 for declaration and directions for recovery of Termination Compensation payment from the Respondent, M/s Raj International Limited, arising out of the termination of the Power Purchase Agreement dated 26.

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