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SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

CERC, however, rejected the claims of compensation for carrying cost

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The Central Electricity Regulatory Commission (CERC), in a recent order, ruled that Clean Solar Power (Bhadla), a subsidiary of Hero Solar Energy, was entitled to compensation for the additional expense incurred due to the imposition of safeguard duty. The Commission made it clear that the imposition of safeguard duty on the import of solar cells and solar modules constituted a ‘Change in Law’ event.

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