Regulator Rejects Solar Developer’s Petition for Refund of Liquidated Damages
The Commission noted that the defaulting party is liable to pay the liquidated damages in case of non-supply of energy
July 26, 2021
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The Karnataka Electricity Regulatory Commission (KERC), in a recent order, has rejected the petition of Kavit Green Energy asking Gulbarga Electricity Supply Company Limited (GESCOM) to refund ₹28.3 million (~$380,087) deducted as liquidated damages for delay in commissioning a 5 MW solar project.
Harsh Shukla
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