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Power sector sees 70% rise in backlog of disputes
Credit: IndiaTimes- Published on February 5, 2024
Over the past year, the backlog of cases at the Appellate Tribunal for Electricity (APTEL) has surged by 70%, reaching 1,516. During the last two years, the tribunal managed to dispose of only 49 cases. This backlog has left claims worth lakhs of crores of rupees in a state of uncertainty, thereby undermining investor confidence...