Regulator Upholds APTEL Ruling, Directs DISCOM to Compensate Solar Developers
MERC also allowed carrying cost on the deferred payment
February 25, 2022
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The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to compensate two solar developers for the additional cost incurred due to the imposition of safeguard duty under the ‘Change in Law’ clause of the power purchase agreements (PPAs).