Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
Ultratech To Not Pay Unnecessary Charges For Captive Solar Plant: RERC Updated On Tue, Dec 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest judgement exempted Ultratech and its Special Purpose Vehicle (SPV)-Amplus Dakshin Private Limited (ADPL) against payment of cross subsidy, water cess and other charges for a captive solar plant based in Rajasthan. As per the petition of Ultratech Cement Limited (UTCL), ADPL was incorporated as a SPV […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
CERC Asks Karnataka SLDC To Compensate RE Generator For Curtailment Updated On Wed, Nov 15th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement asked the Karnataka State Load Despatch Centre (SLDC) and other respondents in the case to compensate two solar power generators for curtailment. The order came to the fore when the generators moved to the central commission seeking compensation against the curtailment of renewable power due to orders […] Read more
CERC Allows Wind Generator To Procure REC Despite Delayed Plea Updated On Mon, Oct 23rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief. Leo Fasteners had claimed that despite being a renewable energy generator, […] Read more
CERC Uses ‘Power To Relax’ Provision To Give Relief To RE Generator Updated On Thu, Oct 19th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, provided relief to a renewable energy generator using the provision of ‘power to relax.’ The provision is a part of the Renewable Energy Certificate (REC) Regulations. The order came to the fore after the petitioner–Siddhayu Ayurvedic Research Foundation Private Limited (SARFPL), sought the issuance of RECs […] Read more
GERC Allows Compensation To Juniper Energy For ‘Change Of Law’ Updated On Fri, Oct 13th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […] Read more
