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Solar Safeguard Duty Notification Should be Treated as Change in Law: MERC

However, it noted that the exact impact of Change in Law cannot be quantified

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The Ministry of Finance’s notification that imposed the Safeguard Duty is an event of Change in Law, and therefore the additional expenditure and other impacts will be considered for reimbursement under Change in Law, the Maharashtra Electricity Regulatory Commission (MERC) has said in its latest order.

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