GERC: Petition of GIPCL v/s GUVNL for compensation due to Change in Law Event being imposition of Safeguard Duty

Petitioner: Gujarat Industries Power Company Limited

Background: Petition under Section 86 of the Electricity Act, 2003 read with Article 9 of the Power Purchase Agreement dated 26.08.2019 executed between GIPCL and GUVNL seeking approval for compensation due to Change in Law Event being imposition of Safeguard Duty having its direct effect on the project Cost.