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Solar Developer Seeks Return of Bank Guarantee After PPA Termination

Arina Solar filed a petition for the return of PBG after terminating the PPA on August 07, 2020

August 25, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy
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Arina Solar Private Limited has filed a petition with the Central Electricity Regulatory Commission (CERC) requesting it to direct the Solar Energy Corporation of India (SECI) to return its performance bank guarantee (PBG) of ₹500 million (~$6.67 million).

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Arina SolarCERCJBVNLNTPCReNew PowerSECIsolar power
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