ReNew Power to be Compensated for Impact of Safeguard Duty on its 250 MW Solar Project

MERC stated that ReNew Power was eligible to be compensated for additional charges incurred on the import of 362.5 MW of solar modules amounting to ₹1.25 billion

June 25, 2020

/ Nithin Thomas

/ Markets & Policy, Solar

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The Maharashtra Electricity Regulatory Commission (MERC) has ruled that ReNew Solar Power Private Limited is eligible for claiming compensation for the additional expenses incurred due to the imposition of safeguard duty (SGD) on solar cells and modules.

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Nithin Thomas

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ReNew Power to be Compensated for Impact of Safeguard Duty on its 250 MW Solar Project

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