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Seeking relief on account of a ‘Change in Law’ viz. the introduction of Safeguard Duty, resulting in additional recurring and nonrecurring expenditure

Seeking relief on account of a ‘Change in Law’ viz. the introduction of Safeguard Duty, resulting in additional recurring and nonrecurring expenditure

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Petition under Section 79(1)(b) and (f) of the Electricity Act, 2003 and Article 12 read with Article 16.3.1 of the Power Purchase Agreement executed by the Petitioner and Solar Energy Corporation of India Limited dated 27.4.2018 seeking relief on account of a ‘Change in Law’ viz. the introduction of Safeguard Duty, resulting in additional recurring and nonrecurring expenditure in the form of an additional tax burden to be borne by the Petitioner after the effective date of the PPA

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Anand Gupta Editor - EQ Int'l Media Network

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