payment-security

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Letter of Credit Has not Been Effective as Payment Security for Solar Developers

To tackle the risks related to delays in payments to independent power producers, the Ministry of Power (MoP) recently mandated state-owned distribution companies...

December 9, 2019

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Shaurya Bajaj

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Mercom Research Focus

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Other
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Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues?

Cases of payment delays to renewable generators have become common and on the rise. However, the Ministry of Power has given these developers a shot in the arm by...

September 11, 2019

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Saumy Prateek

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Mercom Research Focus

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Other
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Andhra Allocates ₹5.57 Billion Towards Payment Security Mechanism for Power Purchase

The state government of Andhra Pradesh has set aside a sum of ₹5.57 billion (~$79 million) towards payment security mechanism as notified by the government recently. The...

August 6, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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DISCOMs Feel the Heat: No Letter of Credit, No Advance Payment, No Power

The Ministry of Power has issued procedural guidelines for the scheduling of power to distribution companies in case of non-maintenance of the line of credit under the...

July 25, 2019

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Saumy Prateek

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Grid

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Market & Policy
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Madhya Pradesh Increases Rooftop Solar Tender Capacity from 25 MW to 32 MW

Madhya Pradesh’s earlier tender for the installation of 25 MW of grid-connected rooftop solar photovoltaic (PV) projects has now been increased to 32 MW. The projects,...

June 24, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Madhya Pradesh’s Rewa Ultra Mega Solar Limited Issues 1,500 MW Solar Tender

Rewa Ultra Mega Solar Limited (RUMS) has tendered a total of 1,500 MW of grid-connected solar photovoltaic (PV) projects which will be developed across three solar parks...

October 9, 2018

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Saumy Prateek

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Solar

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Tenders & Auctions

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