MERC Approves ₹491.2 Million Compensation for Tata Power for GST Hike
The compensation order for GST ‘Change in Law’ impact excludes carrying charges
December 1, 2023
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The Maharashtra Electricity Regulatory Commission (MERC) has directed the Tata Power Company Limited – Distribution (TPC-D), a distribution company (DISCOM), to compensate Tata Power Green Energy (TPGEL) ₹491.2 million (~$5.89 million) against the costs incurred due to the hike in Goods and Service Tax (GST) rate for its wind-solar hybrid and wind project.