Karnataka High Court stays CERC’s new regulations imposing higher penalty for deviation on renewable energy firms

In a impermanent alleviation for the renewable vigor assemblage crossed the country, the High Court of Karnataka has stayed the cognition of the 2 cardinal provisions of the Deviation Settlement Mechanism and Related Matters (DSM) Regulations, 2024, of the Central Electricity Regulatory Commission (CERC), altering the look for computing deviation charges, imposed stricter deviation bands, and prescribed enhanced penalties with effect from April 1.

Justice K.S. Hemalekha passed the interim bid connected a petition filed by the National Solar Energy Federation of India (NSEFI) and immoderate of the idiosyncratic renewable vigor generators challenging the legality of Regulations 6(2)(b) and 8(4) of the 2024 Regulations.