CERC Directs SECI To Compensate Solar Developer for GST Claims

The Central Electricity Regulatory Commission ( CERC ), in a recent order, directed the Solar Energy Corporation of India ( SECI ) to compensate a solar developer for the additional cost incurred due to the imposition of the Goods and Services Tax (GST) on an annuity basis. The Commission noted that the introduction of the GST laws was a ‘Change in Law’ event as per the provisions of the power pur…