Rising Sun Energy Private Limited, an India-based solar power developer, has received Change in Law relief from the Central Electricity Regulatory Commission (CERC) for its 140 MW solar portfolio in India. The portfolio comprises two 70 MW units at Bhadla Solar Park Phase-II in Rajasthan. The deployments are governed by PPA executed with NTPC Limited at a tariff of INR 4.35 (~ $0.04785) /kWh. The Commission has held that the Central GST Act, the Integrated GST Act and the Rajasthan GST Act, which became effective on July 1, 2017, constitute Change in Law events under Article 12 of the PPAs. Pre-commercial operation claims of INR 5,06,05,471 (~ $5.57 million) for one project and INR 9,95,52,197 (~ $10.95 million) for the other, totaling INR 15,01,57,668 (~ $16.52 million), were reconciled. NTPC has been directed to pay GST-related post-commercial operation expenses, including O&M charges, lease rent, late payment surcharge and carrying cost, subject to the interim order dated 12.12.2022 of the Supreme Court.