State power distribution companies (discoms) will have to shell out nearly ₹2,000 crore as one-time compensation towards GST impact on solar power developers, according to rating agency ICRA.
The Central Electricity Regulatory Commission , in its order in October, had approved the claims raised by solar power developers related to the impact of introduction of the goods and service tax (GST) on their capital cost.
Icra group head and senior VP, corporate ratings, Sabyasachi Majumdar said, “... the one-time compensation towards GST impact is around ₹2,000 crore on an all-India level.
