Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL
APTEL asked the Commission to complete the proceedings within two months of the order
May 25, 2021
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The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka Electricity Regulatory Commission (KERC) to decide the incremental tariff payable as compensation to the solar project developer Fortum Solar. The developer had to be compensated for the additional expenses incurred due to the imposition of safeguard duty which was a ‘Change in Law’ event.