Solar Developer’s Plea for GST Compensation Dismissed by Maharashtra Commission
Citing an increase in costs as a result of a change in the rate of Goods and Services Tax (GST), Azure Power Thirty Four, a wholly-owned subsidiary of Azure Power, ...
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 ...
SECI Payouts to Solar and Wind Developers Down to ₹4.08 Billion in February 2021
The Solar Energy Corporation of India (SECI) paid nearly ₹4.08 billion (~$56.2 million) to solar and wind developers for the purchase of power in February 2021, as per the data ...
What the Electric Vehicle Industry Wants from Budget 2021
Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2021. The budget, the first after the COVID-19 pandemic, will be keenly watched by the renewable energy sector ...
SECI Payouts to Solar, Wind Developers up Slightly at ₹3.85 Billion in November 2020
The Solar energy Corporation of India (SECI) paid nearly ₹3.85 billion (~$52.6 million) to solar and wind developers in November 2020, which amounted to over 60% of the total amount ...
Three More Solar Developers in Telangana to Receive GST and VAT Refunds
The Telangana Government has approved a payment of ₹73.76 million ($1 million) to three solar developers towards refund of State Goods & Services Tax/Value Added Tax (SGST/VAT) on inputs used ...
Telangana Government to Pay ₹400 Million to Solar Developers in GST and VAT Refunds
The Telangana government has approved the release of ₹400.19 million (~$5.48 million) to Mytrah Agriya Power and six other solar firms toward the refund of State Goods and Services Tax ...
SECI’s Disbursement to Solar and Wind Developers Dips Slightly to ₹3.7 Billion in October
The Solar energy Corporation of India (SECI) paid nearly ₹3.7 billion (~$50.2 million) to solar and wind developers in October 2020, which amounted to 48.9% of the total amount disbursed ...
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 ...
SECI Released Over ₹4.5 Billion to Clear Dues of Solar and Wind Developers in September
The Solar Energy Corporation of India (SECI) paid out nearly ₹4.53 billion (~$61.6 million) for solar and wind power purchases in September 2020, according to the latest data. This amounted ...
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 ...
