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10 hours ago

Rajasthan High Court: Petition of Ultra Tech Cement v/s Energy Dept for impugned amendment dated 10.5.22 in Solar Policy

Petitioner: M/s Ultra Tech Cement Ltd.

Versus

Energy Department, Government Of Rajasthan, Rajasthan Urja Vikas Nigam Limited, Jaipur Vidyut Vitran Nigam Limited, Ajmer Vidyut Vitarnn Nigam Limited, Rajasthan Renewable Energy Corporation Limited & Finance Department, Government Of Rajasthan

Background: The issue raised by petitioner before high court is qua the enforceability of policy assurances made by the State in the context of renewable energy promotion (solar power), and the extent to which such assurances can be withdrawn, allegedly to the detriment of petitioners/investors who have acted upon them.

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