SECI Paid ₹4.6 Billion to Solar and Wind Developers in August 2020
The Solar Energy Corporation of India (SECI) paid nearly ₹4.6 billion (~$62.4 million) to solar and wind developers in August 2020, which amounted to almost 84% of the total amount ...
Solar Industry Asks IREDA to Pay GST and Safeguard Duty Receivables at 10.41%
In a letter addressed to the Ministry of New and Renewable Energy (MNRE), the National Solar Federation of India (NSEFI) has asked SECI and IREDA’s policies on loan and interest ...
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 ...
Solar Developers Urge Karnataka to Fast Track Safeguard Duty Reimbursements
The National Solar Energy Federation of India (NSEFI) has written a letter to BS Yeddyurappa, the Chief Minister of Karnataka, asking him to direct the Karnataka Electricity Regulatory Commission (KERC) ...
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
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 ...
Solar PPAs Without Restitution Principle Can’t Claim Carrying Cost Compensation: CERC
The Central Electricity Regulatory Commission (CERC) has dismissed the request of Prayatna Developers Private Limited (PDPL), (a subsidiary of Adani Green Energy), to grant carrying cost on Goods and Services ...
Prime Minister’s Office Proposes Waiving Carbon Tax on Coal
According to a communique reviewed by Mercom, the Indian Prime Minister Narendra Modi’s office has proposed waiving the Goods and Services Tax (GST) Compensation Cess, (earlier called the Clean Energy ...
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 ...
1.5 GW of Solar Capacity Installed in India During Q2 2019
Solar installations in India in Q2 2019 witnessed a slight decline with 1,510 MW, a 14% quarter-over-quarter (QoQ) decrease compared to 1,761 MW installed in Q1 2019. Installations were down ...
Delhi Slashes Tariffs for EV Charging to Promote Electric Mobility
In a step to curb pollution in the city, the Delhi Electricity Regularity Commission (DERC) has cut down the rates of charging stations for e-rickshaws and other electric vehicles. Residential ...
5,646 Electric Buses Approved Across 65 Cities
The CEO of NITI Aayog, Amitabh Kant, recently said that the inter-ministerial panel had approved 5,645 electric buses for operations in 65 cities in the country. Electric buses have also ...
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 ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing
In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
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 ...
RK Singh Rallies for Removal of Priority Sector Lending Limit for Renewable Projects
Union Power Minister R.K. Singh held a meeting recently in the national capital to review the issues affecting the renewable energy sector. The meeting was attended by various stakeholders including ...
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 ...
Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019
There was a lag in the rapid pace of activities in the renewable energy sector during the month of May. The ongoing Lok Sabha elections had slowed down the tenders ...
India Added 1.7 GW of Solar PV in Q1 2019, Rooftop Installations Declined
Solar installations in India in Q1 2019 increased slightly at 1,737 MW, 4% growth compared to 1,638 MW installed in Q4 2018. Installations were down by 49% year-over-year (YoY) compared ...
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 ...
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 ...
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 ...
Solar and Renewable Energy Policy Roundup from February 2019
February, the shortest month of the year, witnessed some big announcements for the domestic renewable industry, like the imposition of anti-dumping duty on tempered solar glass and EVA sheets. Here ...
India Installs 8.3 GW of Solar in 2018
The Indian solar market installed 8,263 MW in 2018, down 15.5 percent compared to 9,782 MW in 2017 as the safeguard duty, GST issues, and land and transmission issues took ...
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 ...
