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Maharashtra Regulator Denies Solar Developer’s Plea to Return Bank Guarantee

The Commission noted that there was no provision in the PPA to replace PBG with anything else

March 10, 2021

/ Rakesh Ranjan
/ Markets & Policy, Solar
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The Maharashtra Electricity Regulatory Commission (MERC) has dismissed ACME Solar’s plea for the return of performance bank guarantee (PBG).

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Rakesh Ranjan

More articles from Rakesh Ranjan.
ACME SolarIREDAMaharashtraMERCPBGpfcRECSolar
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