MERC Allows Solar Developers’ Compensation Claim Due to GST and BCD Change

MSEDCL should inform the mode of payment within a month

May 29, 2023

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The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay ReNew Sun Bright ₹32.8 million (~$397,190) towards increased Basic Customs Duties (BCD) on solar inverter imports and ₹26.9 million (~$325,744) towards increased Goods and Services Tax (GST) rate on renewable energy devices.

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Arjun Joshi

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MERC Allows Solar Developers’ Compensation Claim Due to GST and BCD Change

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