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CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

Azure won the projects in 2017 while safeguard duty came into effect in 2018

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The Central Electricity Regulatory Commission (CERC) has ruled in favor of Azure Power in its petition against the Solar Energy Corporation of India (SECI) that sought to invoke the ‘Change in Law’ clause of the power purchase agreement signed between the two parties.

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