GRIDCO Challenges ₹280 Crore APTEL Order in Supreme Court Against GMR Kamalanga

• GRIDCO has moved the Supreme Court against an APTEL order directing it to pay ₹280 crore in fixed capacity charges and delayed payment surcharge to GMR Kamalanga Energy Ltd.
• The dispute covers the period from April 2015 to March 2017, with GMR Kamalanga claiming dues for FY16 and FY17.
• GRIDCO argues it's not liable for payments for 515 million units of power neither scheduled nor supplied, contending the APTEL ruling contradicts their Power Purchase Agreement (PPA).
• APTEL upheld CERC orders, ruling that fixed charges are based on declared capacity, overriding PPA clauses if inconsistent, and generators are entitled to capacity charges for availability.
• The Supreme Court's decision could significantly impact the power sector, potentially affecting similar claims by generating companies regarding fixed charges and declared availability.

Why It Matters: GRIDCO challenges APTEL's ₹280 crore payment order to GMR Kamalanga in Supreme Court, impacting power sector norms.