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September 18,2025

GERC: Petition of GUVNL v/s Ugam Impex for recovery of Termination Compensation under PPA dated 09.03.2010 & SPPA

Petitioner: Gujarat Urja Vikas Nigam Limited

Versus

M/s. Ugam Impex Limited

Background: The present Petition is Iiled 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 Ugam Impex Limited, arising out of the termination of the Power Purchase Agreement dated 09.

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