Solar Developer’s Plea for Refund of Liquidated Damages Rejected
The Commission ruled that the developer was only eligible for a reduced tariff
January 7, 2022
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The Karnataka Electricity Regulatory Commission (KERC) has rejected a petition filed by a solar developer seeking a refund of ₹56.1 million (~$756,784) deducted as liquidated damages for delay in commissioning a 10 MW solar project from the Mangalore Electricity Supply Company (MESCOM).
Arjun Joshi
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