The company is looking at resuming operations as it has received an LoI (letter of intent) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a 25-year power purchase agreement to supply 507 megawatts.
Pramod Deo, Former Chairperson of CERC says these allegations basically mean that there is lack of faith in electricity act and the regulator. He however makes it clear that in no way is he defending the regulators and saying that they are doing their jobs well. "There is always scope for improvement," he adds.