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MERC Rejects Avaada’s ₹477 Million Change-in-Law Compensation Claim

The Commission ruled that Avaada delayed notifying MSEDCL about the change-in-law event

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The Maharashtra Electricity Regulatory Commission (MERC) has rejected Avaada MH Sustainable’s (Avaada Energy) petition seeking compensation of ₹477.5 million (~$5.09 million) for additional expenditure incurred due to a change-in-law event arising from an increase in Goods and Services Tax (GST).

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