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February 11,2025

GERC Reviews Solar Tax Impact on 120 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) heard a petition from ABRel SPV 2 Ltd. against GUVNL for compensation due to increased costs from changes in tax rates on Solar PV modules. The petitioner argued that the imposition of Basic Customs Duty (BCD) and GST hikes constituted a "Change in Law" under the Power Purchase Agreement (PPA).

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