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Karnataka DISCOMs Asked to Compensate Solar Developer for Safeguard Duty Imposition

The Commission, however, rejected the claims of carrying cost on the additional working capital

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The Karnataka Electricity Regulatory Commission (KERC) has recently ruled that five special purpose vehicles (SPVs) of ACME Solar were entitled to levelized incremental tariffs to compensate for the additional cost incurred from the imposition of safeguard duty on imported solar modules.

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