DISPUTE RESOLUTION MECHANISM (DRC) FOR SOLAR/WIND SECTOR
June 20, 2019
Union Minister of State for Power and New & Renewable Energy (IC) has approved a proposal to set up a Dispute Resolution Committee (DRC) for solar/wind sector.
About:
Composition: A three member DRC will be set up consisting of eminent persons of impeccable integrity.
The upper age for the DRC members shall be 70 years.
The Committee members of DRC shall be chosen from the eminent persons located in NCR of Delhi so as to avoid expenditure on Air Travel & accommodation.
Mandate: To consider the unforeseen disputes between solar/wind power developers and SECI/NTPC, beyond contractual agreement.
Coverage: The mechanism of DRC will be applicable for all solar/ wind Schemes/ Programmes/ Projects being implemented through/ by SECI/ NTPC.
The DRC will consider following kinds of cases:
All cases of appeal against decisions given by SECI on Extension of Time requests based on terms of contract.
All requests of Extension of Time not covered under the terms of contract.
The recommendations of the DRC along with Ministry of New & Renewable Energy (MNRE) observations, will be placed before Minister (NRE) for final decision.
Significance: The move will give further fillip to the smooth implementation of solar/wind energy projects in India.
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