E-MAIL FOR SPONSORSHIP

MERC Allows Solar Developers’ Compensation Claim Due to GST and BCD Change

MSEDCL should inform the mode of payment within a month

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay ReNew Sun Bright ₹32.8 million (~$397,190) towards increased Basic Customs Duties (BCD) on solar inverter imports and ₹26.9 million (~$325,744) towards increased Goods and Services Tax (GST) rate on renewable energy devices.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

Unlimited article access
Exclusive market insights
Premium research reports
Ad-free reading experience
Loading subscription plans...

Comments

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS