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Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee

The floating solar projects were delayed due to force-majeure events

December 30, 2022

/ Arjun Joshi
/ Markets & Policy, Solar
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The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Solar Energy Corporation of India (SECI) to return the performance bank guarantee to ReNew Power’s subsidiaries.

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Arjun Joshi

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