3.85 (1.14%) Apex power sector regulator, Central Electricity Regulatory Commission (CERC), has dismissed the complaint filed by the Association of Power Producers (APP) against state-owned NTPC for abusing its dominant position in inking power purchase agreements (PPAs).
APP, in its petition to CERC, had alleged that NTPC used its position for inking power-purchase pacts for supply of 37,000 megawatts (MW) of electricity. However, CERC ruled that PPAs signed by the company are well within the framework and the time permitted under the tariff policy.
Having faced rejection from Apex power regulator, Industry lobby group, APP, now could approach the Competition Commission of India (CCI) or the Appellate Tribunal for Electricity (APTEL).