CERC issues order on safeguard duty in ACME Solar’s case

The CERC has held that the imposition of safeguard duty on imports of solar cells and modules amounts to “change in law” and must be compensated. The order was passed in response to two separate petitions filed by ACME Rewa Solar Energy and ACME Jodhpur Solar Power against SECI and the Rajasthan discoms – Jaipur Vidyut Vitran Nigam Limited, Jodhpur Vidyut Vitran Nigam Limited and Ajmer Vidyut Vitran Nigam Limited. The CERC has ordered that ACME be paid a lump-sum settlement amount.

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