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 ...
Telangana Approves ₹58.3 Million in GST & VAT Refunds to Two Solar Project Developers

Telangana Approves ₹58.3 Million in GST & VAT Refunds to Two Solar Project Developers

The Government of Telangana, in a budget release order, has authorized the release of ₹58.3 million (~$789,059) to two solar project developers as refunds under State Goods and Services Taxes (SGST) ...
ACME Solar to be Reimbursed for Bonds Furnished Against Safeguard Duty Cost

ACME Solar to be Reimbursed for Bonds Furnished Against Safeguard Duty Cost

The Maharashtra Electricity Regulatory Commission (MERC) issued an order declaring that ACME Chittorgarh Solar Energy Private Limited (ACSEPL) was eligible for claiming compensation for additional expenses incurred due to the ...
SECI Disburses $12.5 Million for Purchase of Solar and Wind Power in May 2020

SECI Disburses $12.5 Million for Purchase of Solar and Wind Power in May 2020

Solar Energy Corporation of India Limited (SECI) disbursed a total of $17.3 million (~₹1.3 billion) to solar and wind developers in May 2020. According to a statement released by SECI, ...
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 ...