Additional Costs Borne by Solar Developers Due to GST Imposition to be Reimbursed

Additional Costs Borne by Solar Developers Due to GST Imposition to be Reimbursed

In a recent order, the Central Electricity Regulatory Commission declared that the introduction of Goods and Services Tax (GST) fell within the scope of the “Change in Law” clause for ...
SECI to Reimburse Additional Charges Incurred by Hero Solar Due to GST Enactment

SECI to Reimburse Additional Charges Incurred by Hero Solar Due to GST Enactment

The Central Electricity Regulatory Commission (CERC) has said that the introduction of the Goods and Services Tax (GST) falls under the scope of the “Change in Law” clause of power ...
SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs

SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs

The Central Electricity Regulatory Commission (CERC) recently passed an order asking Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) to pay the requested compensation to Wardha ...
Pay GST, Safeguard Duty Compensation to Solar Developers in 60 Days_ MNRE to SECI and NTPC

Pay GST, Safeguard Duty Compensation to Solar Developers in 60 Days: MNRE to SECI and NTPC

The Ministry of New and Renewable Energy (MNRE) has released a circular stating that Goods and Services Tax (GST) and Safeguard Duty (SGD) compensation to solar project developers should be ...
/ / Markets & Policy, Solar
CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

In its recent order, the Central Electricity Regulatory Commission (CERC) has reiterated its opinions on the restitution principle in power purchase agreements in the face of a Change in Law ...
/ / Markets & Policy, Solar
CERC Orders NTPC to Pay ACME Solar GST Relief Along With Late Payment Surcharge

CERC Orders NTPC to Pay ACME Solar GST Relief Along With Late Payment Surcharge

The Central Electricity Regulatory Commission (CERC) has directed the National Thermal Power Corporation (NTPC) to pay the dues claimed by ACME Solar along with late payment surcharge within 30 days ...
/ / Markets & Policy, Solar
CERC Denies Solar Developer’s Claim for Carrying Costs and O&M Expenses After GST Law

CERC Denies Solar Developer’s Claim for Carrying Costs and O&M Expenses After GST Law

The Central Electricity Regulatory Commission (CERC) has approved Parampujya Solar’s plea that the introduction of GST laws with effect from July 1, 2017, should be covered under the ‘Change in ...
/ / Markets & Policy, Solar
CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

The Central Electricity Regulatory Commission (CERC) has dismissed the petitions filed by Azure Power against the National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India Ltd. (SECI) requesting ...
/ / Markets & Policy, Solar
In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric vehicles (EVs). The 36th ...
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a plea requesting that the introduction of Goods and Services Tax (GST) be treated as a ‘Change in Law’ event. The petition, filed ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

Maharashtra Commission Rejects Solar Power Developer’s Petition for GST Compensation

Independent solar power producer Azure Power’s petition to Maharashtra Electricity Regulatory Commission (MERC), requesting to order Maharashtra State Power Generation Company (MSGPCL or MAHAGENCO) to compensate the company for the ...
GAIL Issues Tender for Operation and Maintenance of a 5 MW Solar Project in Jaisalmer

Delhi High Court Directs GST Council to Review Tax Structure for Solar Projects

After reviewing a petition filed by the Solar Power Developers Association (SPDA) that challenges the new tax formulation structure for solar projects, a bench of the Delhi High Court has ...
Hero Future, Vikram Solar and ACME go to Court Opposing Safeguard Duty Imposed by DGTR

Renewable Energy Generators Approach Delhi High Court over Levy of GST on RECs

After paying GST of 12% on renewable energy certificates (RECs), renewable energy project developers who are part of the REC mechanism have approached the Delhi High Court to provide relief ...
/ / Other, Renewable Energy
CERC Provides Relief to Solar Developers in the Matter of GST Compensation

CERC Provides Relief to Solar Developers in Matter of GST Compensation

In a positive development for the domestic renewable industry, the Central Electricity Regulatory Commission (CERC) has provided relief to solar project developers with regards to the effect of goods and ...
/ / Markets & Policy, Solar
SECI’s 1.2 GW Solar Tender Oversubscribed by 900 MW

The Effective Rate of GST on Solar Projects is 8.9%, Argues SPDA in Letter to Jaitley

Keeping in view the lingering uncertainty regarding the applicable rate of GST on various components that go into the making of a solar project, the GST Council, in its 31st ...
/ / Markets & Policy, Solar
Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

It has been almost 6 months since the imposition of safeguard duty on solar imports to India. However, the industry is still clamoring for clarity amid a plethora of problems ...
GST Council Recommends 5% GST for 70% of Solar Project Cost

GST Council Recommends 5% GST Rate for 70% of Solar Project Cost

After waiting for months for clarity on Goods and Services Tax (GST) rates, the GST Council has now given its recommendations on solar power generating projects and other renewable energy ...
/ / Markets & Policy, Solar
GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

The Central Electricity Regulatory Commission (CERC) has issued an order stating that the introduction of Goods and Services Tax (GST) that came into effect from July 1, 2017 will constitute ...
/ / Markets & Policy, Solar
Intersolar Bangalore Day 1: Solar Industry Still in a Funk from Safeguard duty and GST

Intersolar Bangalore Day 1: Solar Industry Still in a Funk from Safeguard duty and GST

The Indian solar sector is still experiencing a hangover from the safeguard duty imposition and Goods and Services Tax (GST). This appeared to be the popular sentiment of solar project ...
/ / Markets & Policy, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

GST Compensation for Solar Projects and Other Policy Highlights from November 2018

The month of November witnessed a series of orders in the renewable energy sector, especially from the State Electricity Regulatory Commissions (SERC). One of the important orders that made headlines ...
/ / Markets & Policy, Solar
Stakeholders Urge Government to Provide Clarity on Applicable GST Rates on Solar Projects

Stakeholders Urge Government to Provide Clarity on Applicable GST Rates on Solar Projects

The Solar Association recently organised a conference in the national capital to discuss issues related to the Indian solar sector. The discussion ranged from the current trends and common pain ...
/ / Markets & Policy, Solar
CERC Issues Order to Provide ₹2,153.9 Million in GST Relief to Two Solar Project Developers

CERC Issues Order to Provide ₹2,153.9 Million in GST Relief to Two Solar Project Developers

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate solar power developers (SPDs) by reimbursing the sum that was incurred as additional capital expenditure after the introduction ...
/ / Markets & Policy, Solar
GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty

GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty

Passed on 1st July 2017, India’s Goods and Services Tax (GST) is an indirect tax imposed on goods and services, and replaces existing state and central taxes of a similar ...
/ / Markets & Policy, Solar
CERC Gives Relief to Solar Project Developers by Accepting GST as ‘Change in Law’

CERC Gives Relief to Solar Project Developers by Accepting GST as ‘Change in Law’

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate solar power developers (SPD) by giving them an upfront lumpsum payment, which they would have incurred as an ...
/ / Markets & Policy, Solar
ONGC Commissions 10 MW Solar Project at Hazira in Gujarat

Uttarakhand AAR Says Solar Modules and Components to Attract 5% GST, Others Disagree

The Authority of Advance Ruling (AAR) for the state of Uttarakhand has ruled that the supply of solar inverter, controller, battery, and solar panels fall under the definition of ‘solar ...
/ / Markets & Policy, Solar