Regulator Allows Solar Developer to Recover Interest on Extra Expenditure

Carrying cost to be calculated based on the SBI lending rate

January 4, 2023

/ Arjun Joshi
/ Solar
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The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed Adani Solar Energy Chitrakoot One (ASECOL) to recover the carrying cost of the additional expenditure the company incurred due to the introduction of safeguard duty (SGD) on imports of solar modules.

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Arjun Joshi

More articles from Arjun Joshi.
AdaniChange in LawSafeguard DutySolarUPERCUttar Pradesh
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