Safeguard Duty Extension Deemed as Change in Law for Tata’s Solar Project in Maharashtra
Tata Power Company had signed a PPA with Tata Power Renewable to procure solar power
March 8, 2021
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The Maharashtra Electricity Regulatory Commission (MERC) has accepted Tata Power Renewable Energy’s (TPREL) petition seeking to declare levy of safeguard duty (SGD) on the import of solar cells as a ‘Change in Law’ event in the power purchase agreement (PPA).