Bengaluru: The Madras High Court has asked a wind energy company in Tamil Nadu to approach the state’s electricity regulator to raise its dispute with the government-run power distributor over the delay in the completion of its project.
Tangedco (Tamil Nadu Generation and Distribution Corporation) conducted a wind auction in August 2017 for 500MW of capacity where local players Regen Powertech and Leapgreen Energy emerged as the winners for 200MW and 250MW, respectively
While the deadline for the completion of the projects was mid-June, Regen has built only 50MW so far while Leapgreen has yet to commission a single megawatt.
Regen approached the high court after Tangedco said it would encash the bank guarantees given by the developers if there was a delay in completing the projects. In its petition, Regen claimed that it could not compete its project because the discom had not built the requisite substation to transfer power.
Hearings were held over the past several weeks and the court moved the matter to the Tamil Nadu Electricity Regulatory Commission (TNERC) last week.
“The petitioner shall approach TNERC and seek redressal for its grievance,” the high court said. ET has seen a copy of the order.
The parties involved were unwilling to comment since the matter is in court.