Regulator Rejects Solar Developer’s Petition for Refund of Liquidated Damages

The Commission noted that the defaulting party is liable to pay the liquidated damages in case of non-supply of energy

July 26, 2021

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, has rejected the petition of Kavit Green Energy asking Gulbarga Electricity Supply Company Limited (GESCOM) to refund ₹28.3 million (~$380,087) deducted as liquidated damages for delay in commissioning a 5 MW solar project.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Harsh Shukla

Get the most relevant India solar and clean energy news.

Regulator Rejects Solar Developer’s Petition for Refund of Liquidated Damages

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS