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Safeguard Duty to be Considered as Change in Law for ACME’s Solar Projects in Karnataka

The commission, however, has denied ACME a mechanism to compensate it for the increase in project costs

September 19, 2019

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In a recent order, the Karnataka Electricity Regulatory Commission (KERC) has stated that the imposition of safeguard duty will be treated as ‘Change in Law’ for ACME Solar’s projects in Karnataka.

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