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APTEL upholds appeal of Reliance Power arm

The Appellate Tribunal for Electricity (APTEL) has upheld the principle of fuel cost pass-through in its judgment pronounced in an appeal filed by Vidarbha Industries Power Limited (VIPL), a subsidiary of Reliance Power Limited. VIPL had challenged order issued by Maharashtra Electricity Regulatory Commission (MERC) on June 20, 2016, which partially

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