UPERC treats GST cut as Change in Law for 2.55 GW PM-KUSUM solar tender

Saur Energy reports that the Uttar Pradesh Electricity Regulatory Commission has declared India's GST reduction on renewable energy equipment from 12% to 5% a Change in Law event for PM-KUSUM Component-C2 projects. The order applies to a 2,553.5 MW feeder-level solarisation procurement, with awards already issued for 1,686.4 MW and 449 PPAs covering 1,355.5 MW approved so far. The decision matters because it forces project-level benefit assessment, tariff revision, supplementary PPAs, and consumer pass-through rather than letting lower equipment taxes stay only with developers.