CERC Approves Compensation to Solar Developer in Change in Law Case

The compensation will be disbursed at a rate of 9%

December 22, 2023

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The Central Electricity Regulatory Commission (CERC) has approved a plea by ReNew Sun Waves (RSWPL) to receive compensation, both before and after the commercial operation date (COD), to offset the financial impact of safeguard duty on solar cells or modules and increased customs duty on solar inverters.

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Gautamee Hazarika

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CERC Approves Compensation to Solar Developer in Change in Law Case

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Get the most relevant India solar and clean energy news.

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