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
Safeguard Duty Reimbursement Only for Minimum Contracted Solar Capacity in PPA_ KERC

Safeguard Duty Reimbursement Only for Minimum Contracted Solar Capacity in PPA: KERC

The Karnataka Electricity Regulatory Commission (KERC) ruled that the imposition of Safeguard Duty (SDG) on imported solar cells and modules constituted a ‘change in law’ event. It said Fortum Solar ...
Should Solar Generators Worry About SECI Amid Rising Dues from DISCOMs_

Should Solar Generators Worry About SECI Amid Rising Dues from DISCOMs?

Solar Energy Corporation of India (SECI) has started reimbursing renewable developers' claims falling under the 'change in law' clause. These reimbursements have been filed for the additional costs incurred by ...
Tariffs to be Adjusted within 30 Days of Change in Law Event, Proposes Ministry of Power

Tariffs to be Adjusted within 30 Days of Change in Law Event, Proposes Ministry of Power

The Ministry of Power (MoP) has drafted new electricity rules to make the compensation process easier for renewable project developers. The proposed regulations, if implemented precisely, will bring a huge ...
Petition Questions SECI's Annuity Method for Dispensing Solar GST Claims

Petition Questions SECI’s Annuity Method for Dispensing Solar GST Claims

A recent petition filed by ACME Jodhpur Solar Power Private Limited before the Central Electricity Regulatory Commission (CERC) sought clarification regarding the Goods and Services Tax (GST) compensation for the ...
ReNew Power to be Compensated for Impact of Safeguard Duty on its 250 MW Solar Project

ReNew Power to be Compensated for Impact of Safeguard Duty on its 250 MW Solar Project

The Maharashtra Electricity Regulatory Commission (MERC) has ruled that ReNew Solar Power Private Limited is eligible for claiming compensation for the additional expenses incurred due to the imposition of safeguard ...
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 ...
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 ...