SG Courts’ Post

In Reliance Infrastructure Ltd v Shanghai Electric Group Co Ltd [2024] SGCA(I) 10, the Court of Appeal dismissed the appeal against the decision of the Singapore International Commercial Court not to set aside an arbitral award, and emphasised that it is impermissible for an arbitration party to stake a certain position before the tribunal, and then completely change course subsequently when the award was not to its liking. The Court of Appeal also highlighted that the public policy exception is not meant to enable an unsuccessful party to an arbitration to completely undermine an award on grounds that it either disavowed before the tribunal, or if it raises the issue, where the tribunal, having considered the matter, rejects the contention. Read more at: https://lnkd.in/grURS_k2

In Reliance Infrastructure Ltd v Shanghai Electric Group Co Ltd [2024] SGCA(I) 10, the Court of Appeal dismissed the appeal against the decision of the Singapore International Commercial Court not to set aside an arbitral award, and emphasised that it is impermissible for an arbitration party to stake a certain position before the tribunal, and then completely change course subsequently when the award was not to its liking. The Court of Appeal also highlighted that the public policy exception is not meant to enable an unsuccessful party to an arbitration to completely undermine an award on grounds that it either disavowed before the tribunal, or if it raises the issue, where the tribunal, having considered the matter, rejects the contention. Read more at: https://lnkd.in/grURS_k2

In Reliance Infrastructure Ltd v Shanghai Electric Group Co Ltd [2024] SGCA(I) 10, the Court of Appeal dismissed the appeal against the decision of the Singapore International Commercial Court not to set aside an arbitral award, and emphasised that it is impermissible for an arbitration party to stake a certain position before the tribunal, and then completely change course subsequently when the award was not to its liking. The Court of Appeal also highlighted that the public policy exception is not meant to enable an unsuccessful party to an arbitration to completely undermine an award on grounds that it either disavowed before the tribunal, or if it raises the issue, where the tribunal, having considered the matter, rejects the contention. Read more at: https://lnkd.in/gsfHtpga

SKV Law Offices Case Update: UPERC grants Transmission License to Tata Power’s Jalpura Khurja Power Transmission Limited. TP Jalpura Khurja Power Transmission Limited was advised on the entire transaction from due-dilgence of the SPV, acquisition and representation before UPERC by our Managing Partner Mr. Shri Venkatesh, Mr. Ashutosh Srivastava, Counsel and Mr. Kartikay Trivedi, Associate. Read more at :- https://lnkd.in/gg-rTJ7h #caseupdate #knowledgesharing #regulatory #lawfirm #skvlawoffices

Great advice to avoid unnecessary delays to your connections.

NEPRA Holds Public Hearing on K-Electric’s Rs 68 Billion Write-Off Claims https://lnkd.in/dckXMaJG The National Electric Power Regulatory Authority (NEPRA) concluded a public hearing on Tuesday regarding K-Electric’s claims of unrecoverable dues amounting to Rs 68 billion for the fiscal years 2017 to 2023. The hearing focused on annual claims filed by the utility against chronic defaulters, with these costs being part of the Multi-Year Tariff (MYT) framework approved for K-Electric. K-Electric has been attempting to recover the said amount over a span of seven years, despite employing various methods, including disconnections, collaboration with recovery agencies, and area-specific recovery initiatives. Despite these efforts, the dues have remained unrecoverable, which K-Electric argues is critical […]

GERC has added provision for contract demand 150 kVA/kW via recently released 4th amendment of electricity supply code. According to this amendment, consumer having contract demand 150 kVA/ kW can also use 400 V– Three Phase system instead of 11kV or 22kV – Three Phase system. Earlier to this amendment, the cap was defined for contract demand 100 kVA/kW. Summary table of this amendment is given as below:

Saif Power approves shift to ‘Hybrid Take and Pay’ model The Board of Directors of Saif Power Limited (PSX: #SPL) has approved a revision of the tariff to transition the existing model to a 'Hybrid Take-and-Pay' structure. This revision will be applicable to the Power Purchase Agreement and Implementation Agreement, as recommended by the Task Force formed by the Prime Minister of Pakistan. https://lnkd.in/ePGUYr5f

“As it is the practice, the National Assembly, after appropriation of funds for government agencies and parastatals to fund projects, goes ahead and ensure that the projects are duly implemented. That is the essence of this meeting as we wish to hear from you the activities of the agency and to know the challenges that you are facing, ranging from insufficient fund and to issues with regards to power supply.” Chairman, Senate Committee on Power, Distinguished Senator Enyinnaya Abaribe, speaking during an oversight visit to NERC by the Senate Committee on Power on Tuesday. #NERC #Electricity #NESI #Legislation #Senate #NASS

The dispute over PJM's meeting attendance rules resulted in FERC upholding limited access, despite complaints for broader participation. Critics argue for more significant state involvement in RTO decision-making, and state legislation aims to increase transparency in utility decisions within PJM amidst concerns over rising electric rates. Continue reading from Utility Dive: https://loom.ly/l2Ryz1k #utilitiesmanagement #utilitiesmanager #energycosts #energymarket #energyconsumption #energycosts #energyanalysis #pjm #pjminterconnection