“Don’t Be a Shylock”: Supreme Court Rebukes GUVNL for Wind Energy Tariffs

The Supreme Court recently slammed the Gujarat Urja Vikas Nigam Limited (GUVNL) for its stance on wind energy tariffs. Get all the details in our developing news story. 

Brief Timeline 

• 2007–2010: Gujarat's renewable energy programme promotes wind power growth. Several wind energy generators have entered into Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Ltd.

• 2010- 2012:  Tariff rates led to conflict with GUVNL demanding lower rates than those imposed by the Gujarat Electricity Regulatory Commission.