MNRE Notifies BCD and Hike in GST Rates as ‘Change in Law’ Events But With a Condition

MNRE Notifies BCD and Hike in GST Rates as ‘Change in Law’ Events But With a Condition

The Ministry of New and Renewable Energy (MNRE) has said the imposition of basic customs duty (BCD) and hike in goods and services tax (GST) from 5% to 12% should ...
/ / Markets & Policy, Solar
APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

The Appellate Tribunal For Electricity (APTEL) has allowed carrying cost pass-through under ‘Change in Law’ to solar developers whose petitions were earlier rejected by the Central Electricity Regulatory Commission (CERC) ...
/ / Markets & Policy, Solar
SECI Asked to Reimburse Solar Developer’s GST Claims

SECI Asked to Reimburse Solar Developer’s GST Claims

The Central Electricity Regulatory Commission (CERC) recently directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the additional cost incurred due to the imposition of ...
/ / Markets & Policy, Solar
CERC Directs SECI to Compensate Solar Developer for Safeguard Duty Claims

CERC Directs SECI to Compensate Solar Developer for Safeguard Duty Claims

The Central Electricity Regulatory Commission (CERC) recently ruled that a solar developer was entitled to compensation for the additional expense incurred due to the imposition of safeguard duty. The Commission ...
/ / Markets & Policy, Solar
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) recently directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the additional cost incurred due to the imposition of ...
/ / Markets & Policy, Solar
Solar Developer to be Compensated for Additional O&M Cost Incurred Due to GST Imposition

Solar Developer to be Compensated for Additional O&M Cost Incurred Due to GST Imposition

The Bihar Electricity Regulatory Commission (BERC) recently directed the Bihar State Power Holding Company (BSPHCL) to compensate a solar developer for 'Change in Law' claims due to the imposition of ...
/ / Markets & Policy, Solar
Maharashtra Regulator Approves Tariff Adoption for MSEDCL’s 500 MW Solar Auction

Maharashtra Regulator Approves Tariff Adoption for MSEDCL’s 500 MW Solar Auction

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company (MSEDCL) to adopt the tariff discovered through a competitive bidding process for procuring power from 500 MW ...
/ / Markets & Policy, Solar
Solar Developer Asked to Approach SECI to Settle GST Claims Mutually

Solar Developer Asked to Approach SECI to Settle GST Claims Mutually

The Central Electricity Regulatory Commission (CERC), in a recent order, directed a solar developer to approach the Solar Energy Corporation of India (SECI) to settle the ‘Change in Law’ claims ...
Solar Developer Asked for Refrain from Claims for Likely ‘Change in Law’ Impact

Solar Developer Asked to Refrain from Claims for Likely ‘Change in Law’ Impact

The Central Electricity Regulatory Commission (CERC) has rejected a solar developer’s petition seeking approval for the land tax imposed by the Rajasthan Government to be considered as a ‘Change in ...
/ / Markets & Policy, Solar
Solar Developers Directed to Mutually Settle Safeguard Duty Claims with SECI

Solar Developers Directed to Mutually Settle Safeguard Duty Claims with SECI

The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the solar developers to approach the procurers to mutually settle the ‘Change in Law’ claims on account of the ...
/ / Markets & Policy, Solar
DISCOMs Asked to Compensate Solar Developer for GST Claims

DISCOMs Asked to Compensate Solar Developer for GST Claims

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled in favor of a solar developer and directed four distribution companies (DISCOMs) of the state to compensate the developer ...
/ / Markets & Policy, Solar
Karnataka Commission Directs DISCOM to Compensate Solar Developer for GST Claims

Karnataka Commission Directs DISCOM to Compensate Solar Developer for GST Claims

The Karnataka Electricity Regulatory Commission (KERC) ruled in favor of Parampujya Solar Energy, a solar power developer declaring that it is eligible for compensation due to the enactment of Goods ...
/ / Markets & Policy, Solar
Solar Developer Asked to Resolve ‘Change in Law’ Claims With the Power Procurers

Solar Developer Asked to Resolve ‘Change in Law’ Claims With the Power Procurers

The Central Electricity Regulatory Commission (CERC) recently ruled that the solar developers must settle the ‘Change in Law’ claims mutually with the power procurers and approach the Commission only for ...
/ / Markets & Policy, Solar
CERC Directs Solar Developer to Mutually Settle ‘Change in Law’ Claims with SECI

CERC Directs Solar Developer to Mutually Settle ‘Change in Law’ Claims with SECI

The Central Electricity Regulatory Commission (CERC) directed Tata Power Renewable Energy to approach the Solar Energy Corporation of India (SECI) to mutually settle ‘Change in Law’ claims due to the ...
/ / Markets & Policy, Solar
Solar Developers’ Claims for ‘Change in Law’ Approval For Land Tax Yet to be Paid Rejected

Solar Developers’ Claims for ‘Change in Law’ Approval for Land Tax Yet to be Paid Rejected

The Central Electricity Regulatory Commission (CERC) recently rejected solar developers’ plea seeking approval for the tax to be imposed by the government of Rajasthan on land for the development of ...
/ / Markets & Policy, Solar
CERC Declines to Review Discount Rate of Annuity Payments to Solar Developers

CERC Declines to Review Discount Rate of Annuity Payments to Solar Developers

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected the request of the Madhya Pradesh Power Management Company Limited (MPPMCL) seeking to review the Commission’s earlier ruling, in ...
/ / Markets & Policy, Solar
APTEL Directs the State Commission to Hear Solar Developer's 'Change in Law' Claims

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

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Rajasthan Electricity Regulatory Commission (RERC) to declare whether the Goods and Services Tax (GST) notification is a 'Change ...
/ / Markets & Policy, Solar
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
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