Newsletter/Booklets 16th Feb 2022

Infrastructure & Energy Digest

Authors

Sujjain Talwar Partner | Mumbai
Aakanksha Joshi Partner | Mumbai
Megha Agarwal Associate Partner | Mumbai
Vinit Shah Senior Associate | Mumbai
Farhan Ali Associate | Mumbai
Pranaav Gupta Associate | Mumbai

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In this month’s newsletter, we have analyzed key announcements for the infrastructure sector in this year’s budget and their consequent impact on the sector.

Also analyzed in the newsletter are orders of :

-The Central Electricity Regulatory Commission’s orders (i) regarding claims for additional costs on account of GST and (ii) directing solar developers to approach Solar Energy Corporation of India Limited for change in law claims due to the increase in customs duty on solar inverters.

-The Karnataka Electricity Regulatory Commission wherein it was held that the levy of cross-subsidy surcharge on bagasse-based cogeneration plants was not discriminatory in nature

-The Tamil Nadu Electricity Regulatory Commission issuing revised guidelines for the verification of captive generating plants

-The Supreme Court regarding payment of additional surcharge by captive consumers/users

-The Appellate Tribunal for Electricity regarding the delay in commissioning of a solar project in Karnataka

This edition also includes an overview of the amendment to the Mineral (Other than Atomic and Hydrocarbons Energy Mineral) Concession Rules, 2016 issued by the Ministry of Mines.

Further, we have also analyzed MNRE’s (i) letter regarding the increase in performance bank guarantees for upcoming renewable tenders and (ii) notification on amendment to Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirement of Compulsory Registration) Order, 2019.

On the policy front, we have provided our views on the Government of India’s recently launched Revamped Distribution Sector Scheme.

We trust you will find this an interesting read. Should you require any information or clarification, please do not hesitate to contact us at Insights@elp-in.com.

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Infra Digest