PSERC rejects petition of SAEL Solutions v/s PSPCL for compensation due to Change in Law events due to increase in GST

Petitioner: M/s SAEL Solar Solutions private Limited

Versus

Punjab State Power Corporation Limited

Background: The Petitioner (SAEL) has filed the instant petition for seeking an adjustment/compensation to offset the financial/commercial impact of the Change in Law event on account of increase in the Central Goods and Services Tax rate from 5% to 12% by way of Ministry of Finance Notification No.