Bhubaneswar, March 10: In a huge setback to Reliance Infra, the Appellate Tribunal on Electricity (ATE) rejected its plea seeking stay order on the cancellation of the licenses issued to three distribution companies (discoms) in Odisha.
Reliance had moved the Tribunal against the order of Odisha Electricity Regulatory Commission (OERC) that cancelled the licenses to the three discoms Wesco, Southco and Nesco, owned by it.
However, the Tribunal declined to stay the order and posted the next hearing for March 24.
Yesterday, the Tribunal admitted the petition and asked the OERC and Odisha government to file their replies by March 17.
The OERC on March 4 had pulled up the three discoms and cancelled the licenses citing, their performance was not satisfactory.