The Central Electricity Regulatory Commission (CERC) has declared that changes in GST and coal compensation cess qualify as ‘change in law’ events. This ruling will allow for adjustments or refunds to distribution companies, impacting generation costs by an estimated 17-18 paise per unit. This prompt regulatory action is seen as progressive for ensuring cost-reflective tariffs.
GST & coal cess changes to lower power tariffs: CERC
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