payment-security-mechanism

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Amid COVID-19 Lockdown, Power To Be Scheduled Despite 50% Reduction in Payment Security

Considering the outbreak of coronavirus (COVID-19), which has severely affected the economy, the Ministry of Power (MoP) has issued a directive which states that the...

March 30, 2020

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Anjana Parikh

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Grid

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Market & Policy
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Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund

The Ministry of New and Renewable Energy (MNRE) has announced the guidelines for the payment security mechanism (PSM) for projects allocated under the viability gap...

February 12, 2019

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Shaurya Bajaj

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Markets & Policy

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Solar
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Qualified Coordinating Agencies in Maharashtra Asked to Pay ₹25,000/MW for Solar Projects

In Maharashtra, qualified coordinating agencies (QCAs) for meter reading, data collection and communication have been asked to deposit ₹25,000 (~$357.6)/MW for solar and...

January 3, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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The Four-Tier REWA Payment Security Model Responsible for Low Bids

The Rewa solar park auction heralded the dawn of falling solar tariffs in India with a low levelized bid of ₹3.30/kWh. There are two major reasons for such low tariffs...

October 4, 2017

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Saumy Prateek

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Markets & Policy

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Solar

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