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CERC Grants Compensation to Solar Developer

Sector: Solar • Location: Madhya Pradesh, India

Source: Mercomindia.com

Project
Awarded

The Central Electricity Regulatory Commission (CERC) has recognized a hike in Goods and Services Tax (GST) as a change in law event, allowing Beempow Energy to seek compensation of up to ₹20 million due to the tax increase. This compensation will be paid over 15 years at a discount of 9.12%.

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The project “CERC Grants Compensation to Solar Developer” is an infrastructure initiative in the Solar sector, located in Madhya Pradesh, India. Taiyo aggregates data on it from Mercomindia.com.

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Description

Description

The Central Electricity Regulatory Commission (CERC) has recognized a hike in Goods and Services Tax (GST) as a change in law event, allowing Beempow Energy to seek compensation of up to ₹20 million due to the tax increase. This compensation will be paid over 15 years at a discount of 9.12%.

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High

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100%

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