BCD Increase on Solar Inverters to be Considered as Change in Law Rajasthan Commission

BCD Increase on Solar Inverters to be Considered as Change in Law: Rajasthan Commission

The Rajasthan Electricity Regulatory Commission (RERC) has ruled that the increase in rates of basic customs duty (BCD) on import of solar inverters along with integrated Goods and Services Tax ...
/ / Markets & Policy, Solar
CERC Directs SECI and Solar Developers to Settle ‘Change in Law’ Claims Mutually

CERC Directs SECI and Solar Developers to Settle ‘Change in Law’ Claims Mutually

The Central Electricity Regulatory Commission (CERC) recently ruled that the affected parties should settle the ‘Change in Law’ claims mutually as per the terms of the power purchase agreement (PPA) ...
/ / Markets & Policy, Solar
CERC Approves Tariff of ₹2.41/kWh for 1,100 MW of Wind-Solar Hybrid Projects

CERC Approves Tariff of ₹2.41/kWh for 1,100 MW of Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) recently approved a tariff of ₹2.41 (~$0.032)/kWh for 1,110 MW of wind-solar hybrid power projects as agreed by the successful bidders. The Commission also ...
/ / Markets & Policy, Solar
CERC Approves Tariffs for 970 MW of Blended Solar Wind Projects

CERC Approves Tariffs for 970 MW of Blended Solar Wind Projects

The Central Electricity Regulatory Commission (CERC) recently approved tariffs of ₹2.99 (~$0.039)/kWh for 160 MW and ₹3 (~$0.040)/kWh for 810 MW of wind power projects (blended with solar) as agreed ...
/ / Markets & Policy, Solar
Commission Rejects Solar Developer's Claim for Service Tax and GST Compensation

Commission Rejects Solar Developer’s Claim for Service Tax and GST Compensation

The Central Electricity Regulatory Commission (CERC) has rejected a solar energy developer's compensation petition for the additional tax burden on operation and maintenance (O&M) expenses and carrying costs due to ...
/ / Markets & Policy, Solar
Solar Developer Allowed GST Compensation on Change in Law Grounds

Solar Developer Allowed GST Compensation on ‘Change in Law’ Grounds

The Central Electricity Regulatory Commission (CERC) recently directed Madhya Pradesh Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC) to compensate a solar developer for the additional cost ...
/ / Markets & Policy, Solar
APTEL Directs State Commission to Hear Solar Developer’s ‘Change in Law’ Claims Afresh

APTEL Directs State Commission to Hear Solar Developer’s ‘Change in Law’ Claims Afresh

The Appellate Tribunal of Electricity (APTEL), in a recent order, set aside an order of the Maharashtra Electricity Regulatory Commission (MERC) rejecting compensation claimed by Azure Power Thirty Four Private ...
/ / Markets & Policy, Solar
SECI Disbursed ₹6.13 Billion for Solar and Wind Power Purchased in September

SECI Disbursed ₹6.13 Billion for Solar and Wind Power Purchased in September

The Solar Energy Corporation of India (SECI) paid ₹6.13 billion (~$81.8 million) to solar and wind developers for the power purchased in September 2021. The disbursed amount accounted for 97% ...
/ / Markets & Policy, Solar
Ministry Issues Formula to Compute Impact on Power Tariff due to 'Change in Law' Event

Ministry Issues Formula to Compute Impact on Power Tariff Due to ‘Change in Law’ Event

The Ministry of Power (MoP) has notified Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021. As per the proposed rules, the power generating companies or transmission ...
CERC Directs SECI To Compensate Solar Developer for GST Claims

CERC Directs SECI to Compensate Solar Developer for GST Claims

The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the additional cost incurred due to ...
/ / Markets & Policy, Solar
Regulator Sets Incremental Tariffs for Solar Safeguard Duty Compensation

Regulator Sets Incremental Tariffs for Solar Safeguard Duty Compensation

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that Fortum Solar India is entitled to compensation for the additional cost incurred due to the imposition of safeguard ...
SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

The Central Electricity Regulatory Commission (CERC), in a recent order, ruled that Clean Solar Power (Bhadla), a subsidiary of Hero Solar Energy, was entitled to compensation for the additional expense ...
Solar Developer and NTPC Spar Over GST Compensation Claim

Solar Developer and NTPC Spar Over GST Compensation Claim

Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
/ / Markets & Policy, Solar
CERC Approves Tariff for 2 GW of ISTS Solar Projects

CERC Approves Tariff for 2 GW of ISTS Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The ...
CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

The Central Electricity Regulatory Commission (CERC), in a recent order, approved an imported coal-based thermal power generator's request for compensation for the additional expenses incurred due to the increase in ...
Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka Electricity Regulatory Commission (KERC) to decide the incremental tariff payable as compensation to the solar project developer ...
Solar Developer's Plea for Safeguard Duty Compensation Rejected as Premature

Solar Developer’s Plea for Safeguard Duty Compensation Rejected as Premature

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, dismissed the petition of ACME Heergarh Powertech, seeking compensation to offset the alleged financial impact that imposing safeguard duty led ...
CERC Asks SECI to Compensate Solar Developer for Impact of Safeguard Duty

CERC Asks SECI to Compensate Solar Developer for Impact of Safeguard Duty

The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increased cost incurred due to ...
Maharashtra Electricity Regulator Denies Solar Developer’s Plea for GST Compensation

Maharashtra Electricity Regulator Denies Solar Developer’s Plea for GST Compensation

Citing a surge in costs on account of change in the rate of Goods and Services Tax (GST), Tata Power Renewable Energy Limited (TPREL) had approached the Maharashtra Electricity Regulatory ...
'Change in Law' Clause in PPAs Signed by Small Scale Distributed Solar Projects Approved

‘Change in Law’ Clause in PPAs Signed by Small Scale Distributed Solar Projects Approved

The Gujarat Electricity Regulatory Commission (GERC) has approved the incorporation of 'change of law' in the proposed power purchase agreements (PPAs) by the Gujarat Urja Vikas Nigam. These PPAs are ...
/ / Markets & Policy, Solar
Safeguard Duty Extension Deemed as Change in Law for Tata’s Solar Project in Maharashtra

Safeguard Duty Extension Deemed as Change in Law for Tata’s Solar Project in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has accepted Tata Power Renewable Energy's (TPREL) petition seeking to declare levy of safeguard duty (SGD) on the import of solar cells as a ...
/ / Market & Policy, Solar
Torrent Power's Plea for Changes to 'Force Majeure' and 'Change in Law' Clauses Approved

Torrent Power’s Plea for Changes to ‘Force Majeure’ and ‘Change in Law’ Clauses Approved

The Gujarat Electricity Regulatory Commission (GERC) has approved the changes sought by Torrent Power to the 'force majeure' and the 'change in law' clauses in the draft power purchase agreement ...
‘Change in Law’ Clause Approved in Draft PPA for Setting Up Distributed Solar Projects

‘Change in Law’ Clause Approved in Draft PPA for Setting Up Distributed Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved the Gujarat Urja Vikas Nigam Limited's (GUVNL) request seeking incorporation of the 'Change in Law' clause in the draft power purchase agreement ...
Solar Developer's Plea for Extending Project Commissioning Deadline Rejected

Solar Developer’s Plea for Extending Project Commissioning Deadline Rejected

The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected a plea by a solar developer seeking an extension of 18 months for commissioning a project citing 'force majeure' events. The ...
/ / Markets & Policy, Solar
Solar Developers, DISCOM Spar Over CUF to be Considered for Safeguard Duty Reimbursement

Solar Developers, DISCOM Spar Over CUF to be Considered for Safeguard Duty Reimbursement

The Maharashtra Electricity Regulatory Commission (MERC) has said that if the generators revised the capacity utilization factor (CUF) as per the provisions of the power purchase agreement (PPA), then the ...
/ / Markets & Policy, Solar