CERC rejects Avaada Energy plea for MTOA extension

15 Sep 2022 CW Team

The Central Electricity Regulatory Commission (CERC) recently rejected a solar generator’s plea seeking an extension of the start date of medium-term open access (MTOA). It said that the transmission charges towards MTOA should be billed to the buyer only after the generating station’s commercial operation date.

The Commission added that the bills corresponding to the capacity not commissioned, raised to the Haryana Power Purchase Centre (HPPC) by the Central Transmission Utility (CTU), were contrary to the provision of the ‘Sharing Regulations.’ Accordingly, it directed CTU to revise the bills and raise them on the petitioner.

Avaada Energy and Avaada RJHN had filed a petition seeking an extension of the start date of MTOA and restraining the CTU from taking any coercive measures for the non-operationalisation of 114.25 MW out of the total 240 MW on the premise that the start date of MTOA was February 1, 2022.

Since the solar generator achieved the commercial operation of only 125.75 MW by the end of January 2022, it requested CTU for an extension of time for the part operationalization of MTOA for the balance of 114.25 MW up to May 23, 2022.

Avaada Energy submitted that the MTOA of the contracted capacity being 240 MW (out of which 125.75 MW capacity has already been commissioned), had been delayed due to the outbreak of Covid-19 and resultant lockdown, which were considered ‘force majeure’ events.

Real Estate

14 Jul 2026

Paradigm Realty secures Rs 1 billion for Chembur project

Paradigm Realty Group has secured Rs 1 billion in funding from Arnya RealEstates Fund for its flagship residential project, 71 Midtown, in Chembur, Mumbai.The institutional investment will be used to support the completion of Phases 1 and 2 of the development, with the financing aligned to the project's construction and delivery schedule.Spread across approximately 4.5 acres, the gated residential community comprises one- and two-bedroom apartments. Located near Sindhi Society in Chembur, the project offers connectivity to the Bandra Kurla Complex (BKC) and is expected to benefit from infrastr..

PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including M..

Shalimar Paints launches premium Xtra Tough Hi-Sheen

Shalimar Paints has expanded its premium product portfolio with the launch of Xtra Tough Hi-Sheen, a new exterior emulsion developed to provide enhanced weather protection and a high-sheen finish for residential buildings.The company said the product is designed to address growing consumer demand for exterior coatings that combine aesthetics with long-term durability. Suitable for both new construction and renovation projects, the emulsion is formulated to withstand varied climatic conditions, including heat, rain, humidity and pollution.Xtra Tough Hi-Sheen features a dust-repellent coating in..