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Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

Solar power developers to pay taxes on monthly annuity payments as per PPA terms

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The Central Electricity Regulatory Commission (CERC), in a recent order, has reiterated Solar Energy Corporation of India’s (SECI) proposal for a 10.41% discount rate on annuity payments towards the additional expenses incurred by solar power developers on account of ‘Change in Law’ events.

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