Mercom Insider

Solar Developers Caught Between Time Extension and Safeguard Duty Reimbursement Pleas

The Uttar Pradesh Commission said the matter would be decided after the project commissioning date is decided

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Tata Power Renewable Energy Limited (TPREL) had filed petitions with the Uttar Pradesh Electricity Regulatory Commission (UPERC) on extending the validity of safeguard duty as a ‘Change in Law’ event. The Commission, in reply to the developer’s appeals, has stated that before declaring the notification of extension of safeguard duty in the order dated July 29, 2020, as a ‘Change in Law’ event, its impact on the project cost after completion must be ascertained.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS