E-MAIL FOR SPONSORSHIP

Karnataka DISCOMs Asked to Reimburse Solar Developer for Safeguard Duty Imposition

The Commission rejected claims for carrying cost, stating that importing solar modules from countries that did not attract safeguard duty could have saved expenses

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that Adyah Solar Energy, a subsidiary of ReNew Solar, was entitled to compensation for the additional cost incurred due to the imposition of safeguard duty. The Commission noted that safeguard duty imposed on imported solar cells and modules constituted a ‘Change in Law’ event.

⭐ This is a premium article. Subscribe to access exclusive content.

Subscribe to Continue Reading

Get unlimited access to premium articles, in-depth analysis, and exclusive content from Mercom India.

Unlimited premium article access
Exclusive market insights
Premium research reports
Ad-free reading experience
Loading subscription plans...

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS