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Petition- Seeking relief for the nonrecurring additional expense incurred by the Petitioner on account of the said ‘Change in Law’ events

Petition- Seeking relief for the nonrecurring additional expense incurred by the Petitioner on account of the said ‘Change in Law’ events

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Petition under Section 79(1)(b) read with Section 79(1)(f) of the Electricity Act, 2003 and Article 12.2.1 of the Power Purchase Agreement dated 2.8.2016 on behalf of Clean Solar Power (Gulbarga) Private Limited seeking acknowledge and approve
promulgation of the Central Goods and Services Tax Act, 2017, the Integrated Goods and Services Tax Act, 2017, and the Karnataka Goods and Services Tax Act, 2017 as events of ‘Change in Law’ w.e.f. 1.7.2017 and seeking relief for the nonrecurring additional expense incurred by the Petitioner on account of the said ‘Change in Law’ events amounting to INR 10,72,24,792.20, as also the carrying costs associated there with.

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Anand Gupta Editor - EQ Int'l Media Network

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