SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition
CERC, however, rejected the claims of compensation for carrying cost
June 22, 2021
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
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.