TAG: "GST Reduction Benefits "

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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 Reduction Benefits | November 19, 2025 | By Mrinmoy Dey | 3584

Solar Firms Slash Prices as GST Cut Benefits Reach End Users

Solar industry players have quickly reflected the GST rate cuts in their pricing strategies, signalling a strong and coordinated response across the renewable energy value chain.

GST Reduction Benefits | September 26, 2025 | By Abha Rustagi | 1682

ReNew Energy Global Reduces Module and Cell Prices Following GST Cut

The GST reduction will translate into direct savings of up to INR 10 lakhs per MW for non-DCR modules and up to INR 15 lakhs per MW for DCR modules for utility-scale projects.

GST Reduction Benefits | September 23, 2025 | By Abha Rustagi | 1391

Luminous Power Technologies to Pass on Full GST Reduction Benefits to Customers

Following the 56th GST Council Meeting on 3 September, 2025, chaired by Union Finance Minister Nirmala Sitharaman, Luminous Power Technologies will pass on full GST reduction benefits to customers starting 22 September 2025.

GST Reduction Benefits | September 22, 2025 | By News Bureau | 1218