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CERC Allows Compensation for Renewable Energy Developer Due to GST Rate Change

The company was also deemed eligible for carrying costs from the date of actual payments

January 4, 2024

/ Gautamee Hazarika
/ Markets & Policy, Wind
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The Central Electricity Regulatory Commission (CERC) has allowed a renewable energy developer to claim compensation to offset the financial and commercial impact of change in law events on account of an increase in the rates of goods and service tax (GST).

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Gautamee Hazarika

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