CERC Directs SECI and Solar Developers to Settle ‘Change in Law’ Claims Mutually
The order was passed after the hearing on the petitions filed by ReNew Power’s subsidiaries
December 24, 2021
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The Central Electricity Regulatory Commission (CERC) recently ruled that the affected parties should settle the ‘Change in Law’ claims mutually as per the terms of the power purchase agreement (PPA) and approach the Commission only to verify the compensation amount.