The Appellate Tribunal for Electricity (APTEL) upheld CERC’s rejection of a ₹10.83 lakh/MW/month tariff for a 500 MW/1000 MWh BESS project, citing delays and declining storage prices. Appeals by JSW Renew Energy and SECI were dismissed. APTEL emphasized market alignment and consumer interest, noting JSW had no tariff rights until regulatory approval.
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