Mercom Insider

Solar Developer’s Plea for Safeguard Duty Compensation Rejected as Premature

The Commission said that the extension of safeguard duty qualifies as a 'Change in Law' event

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The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, dismissed the petition of ACME Heergarh Powertech, seeking compensation to offset the alleged financial impact that imposing safeguard duty led to as premature.

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