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CERC Directs Solar Developer to Mutually Settle ‘Change in Law’ Claims with SECI

The developer sought ‘Change in Law’ compensation due to the introduction of GST

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The Central Electricity Regulatory Commission (CERC) directed Tata Power Renewable Energy to approach the Solar Energy Corporation of India (SECI) to mutually settle ‘Change in Law’ claims due to the introduction of Goods and Services Tax (GST) on solar components.

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