RERC Grants Compensation To Solar Firm Over Change Of Law Updated On Tue, Aug 8th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the Solar Energy Corporation of India (SECI) to pay compensation to Palimarwar Solar House Private Limited, a solar developer over ‘Change of Law’ events. These change of law events were related to the increase in the Customs Duty of imported solar inverters and the levy […] Read more
CERC Orders Compensation for Adani Subsidiary Over ‘Change of Law’ Events Updated On Mon, Jul 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, directed the Solar Energy Corporation of India (SECI) and other related entities concerned to compensate Adani Solar Energy Jodhpur Four Private Limited, a Special Purpose Vehicle (SPV) of Adani Green Energy. The order came to the fore after the SPV moved a petition before the CERC […] Read more
CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more
