Solar Developer Allowed GST Compensation on ‘Change in Law’ Grounds

The Central Electricity Regulatory Commission ( CERC ) recently directed Madhya Pradesh Power Management Company Limited ( MPPMCL ) and Delhi Metro Rail Corporation ( DMRC ) to compensate a solar developer for the additional cost incurred due to the imposition of Goods and Services Tax (GST). The Commission, however, rejected the solar developer’s claim for ‘carrying cost.’ The Commission noted th…