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Avaada Clean Energy to be Compensated for Impact of Safeguard Duty on a 5 MW Project

The developer had installed a 5 MW solar project in Kanpur

August 27, 2020

/ Rakesh Ranjan
/ Markets & Policy, Solar,
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The Central Electricity Regulatory Commission (CERC) directed Kanpur’s Ordnance Factory Board (OFC) to pay ₹36 million (~$485,044) to Avaada Clean Energy Private Limited as compensation for the losses incurred due to the imposition of safeguard duty.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Avaada Clean Energy Private LimitedCERCOFC KanpurSafeguard Dutysolar power
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