TAG: "GST rate cut impact on utility scale solar"

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CERC Declares GST Rate Cut on Renewable Energy Devices as Change in Law

The Central Electricity Regulatory Commission has passed a suo-motu order recognising the recent GST cut on renewable energy components from 12 percent to 5 percent as a ‘Change in Law’ and has directed developers to pass on the benefits to Discoms and ultimately to consumers.

GST Rate Cut Impact On Utility Scale Solar | November 19, 2025 | By Mrinmoy Dey | 191

GST Rationalisation Makes Rooftop Solar Cheaper by INR 10,500 for 3 kW, Saves 20-25 lakh/MW in Utility-Scale Projects

GST rationalisation on RE equipment from 12 percent to 5 percent could cut module and component cost by 3-4 percent, save INR 20-25 lakh/MW in utility-scale solar projects. Rooftop solar under PM Surya Ghar could be cheaper by INR 9,000-10,500 for a 3 kW system. A 5 HP solar pump, costing about INR 2.5 lakh, will now be cheaper by nearly INR 17,500.

GST Rate Cut Impact On Utility Scale Solar | September 17, 2025 | By Mrinmoy Dey | 2328