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
Reimburse Cost Incurred by Solar Developer due to Safeguard Duty Imposition_ CERC to NTPC

Reimburse Costs Incurred by Solar Developer Due to Safeguard Duty Imposition: CERC to NTPC

Responding to a recent petition, the Central Electricity Regulatory Commission (CERC) declared that the imposition of Safeguard Duty (SGD) in July 2018 was covered under the “Change in Law” clause ...
CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has ruled in favor of Azure Power in its petition against the Solar Energy Corporation of India (SECI) that sought to invoke the ‘Change ...
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
Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and module imports from China and Malaysia for the period between July 30, 2018, ...
/ / Mercom Research Focus, Other
Arinsun and ACME Solar Get Relief from CERC for Safeguard Duty Imposition

Arinsun and ACME Solar Get Relief from CERC for Safeguard Duty Imposition

In its recent notification, the Central Electricity Regulatory Commission (CERC) has ordered compensatory relief to two solar developers from safeguard duty imposition last year. ACME Jaipur Solar Power Private Limited ...
/ / Markets & Policy, Solar
Maharashtra Commission Allows Modifications in PPAs and PSAs for 252 MW of Solar Projects

Maharashtra Commission Allows Modifications in PPAs and PSAs for 252 MW of Solar Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved the requests of a petition filed by the Maharashtra State Power Generation Corporation Limited’s (MSPGCL) for two solar power projects of 150 ...
/ / Solar, Utility Scale
MERC, Safeguard Duty, Nisagra, Juniper, Change in Law

MERC Reiterates Solar Safeguard Duty as Change in Law

Juniper Green Energy Private Limited (JGEPL) and its special purpose vehicle Nisagra Renewable Energy Private Limited (NREPL) recently filed a petition against the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), ...
/ / Commercial, Solar
LONGi Solar Records 41% YoY Revenue Growth In the First Half of 2019

Gujarat Approves Proposal to Tweak Change in Law Clause for Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved the proposed deviations to the competitive bidding guidelines for procuring power from grid-connected solar projects by Torrent Power Limited. Torrent Power Limited ...
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 ...
Maharashtra’s 1 GW Solar Tender Gets Enthusiastic Response, Oversubscribed by 400 MW

ACME Solar to be Compensated for Cost Incurred After Introduction of Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate a solar power developer by accepting that the levy of safeguard duty was a ‘Change in Law.’ The ...
SECI Extends Bid Submission Deadline for its 2 GW Solar Tender

Azure Likely to Get Compensated for Increase in Solar Project Cost Due to Levy of Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change ...
/ / Markets & Policy, Solar
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha

Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC

The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
/ / Markets & Policy, Solar
Maharashtra’s 1 GW Solar Tender Gets Enthusiastic Response, Oversubscribed by 400 MW

SECI Amends Change in Law Clause in RfS for 3 GW Solar with 1.5 GW Manufacturing Tender

The Solar Energy Corporation of India (SECI) has amended the provision for “Change in Law” in the Request for Selection (RfS) for the 3 GW interstate transmission system (ISTS)-connected solar ...
/ / Markets & Policy, Solar
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
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
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

Torrent Power Gets Approval for Deviation in Guidelines to Procure Solar and Wind Power

The Gujarat Electricity Regulatory Commission (GERC) has approved Torrent Power’s petitions for the acceptance of deviations from the Ministry of Power (MoP)’s guidelines for the procurement of solar and wind ...
/ / 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
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
Update: MNRE Clarifications on Change in Law for Solar Projects

Update: MNRE Clarifications on Change in Law for Solar Projects

The Ministry of New and Renewable Energy (MNRE) recently issued a clarification on the August 2017 guidelines for the tariff-based competitive bidding process for  grid-connected solar photovoltaic (PV) projects. However, ...