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CERC Grants ₹20 Million Compensation to Solar Developer for GST Hike

The Commission declared the GST hike as a change in law event

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The Central Electricity Regulatory Commission (CERC) has declared a hike in Goods and Services Tax (GST) from 5% to 12% to 18% as a change in law event and allowed Beempow Energy, backed by O2 Power, to seek compensation.

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