Mercom Insider

Solar PPAs Without Restitution Principle Can’t Claim Carrying Cost Compensation: CERC

The petitioner sought compensation for carrying cost incurred after GST imposition

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The Central Electricity Regulatory Commission (CERC) has dismissed the request of Prayatna Developers Private Limited (PDPL), (a subsidiary of Adani Green Energy), to grant carrying cost on Goods and Services Tax (GST) compensation covered as “Change in Law.”

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