APTransco may contest GVK`s capital cost hike

Psu Connect Date:

HYDERABAD. The state power regulator’s recent decision to enhance the capital cost of the 15-year old gas-based power plant owned by GVK group may not go uncontested as the state power utility will have to pay more to enable the company to recover the additional cost. “We are planning to challenge the orders in the Appellate Tribunal for Electricity (APTEL)

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