Maharashtra Regulator Takes a Lenient Stand on MSEDCL’s Wind Dues Considering COVID-19
In a recent order, the Maharashtra Electricity Regulatory Commission (MERC) reiterated its decision to reject a wind generator’s claim for dues in the absence of a valid energy purchase agreement ...
Maharashtra Commission Asks DISCOM to Clear Dues of Wind Power Generators
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to reconcile differences in its outstanding dues with wind generators in the state and ...
DISCOM Dues Pile Up Despite Government’s Efforts to Ease Their Financial Burden
Distribution Companies (DISCOMs) owed renewable generators ₹97.25 billion (~$1.31 billion) in overdue payments (excluding dues under dispute) spread across 538 invoices at the end of May 2020, according to data ...
Sterling and Wilson Solar Receives ₹5 Billion Against Outstanding Loans
Sterling and Wilson Solar Limited (SWSL), a solar engineering, procurement and construction (EPC) company, has announced that it has received ₹5 billion (~$66.8 million) towards the outstanding loans from its ...
DISCOMs’ Outstanding Payments to Renewable Generators Rise to ₹62.19 Billion
Distribution companies (DISCOMs) owed renewable energy generators ₹62.19 billion (~$856.2 million) in overdue outstanding payments at the end of January 2020. Excluding payments under dispute, overdue payments stood at ₹61.88 ...
At Over ₹844 Billion, DISCOM Dues to Power Generators in October up 54% YoY
Outstanding dues to power generators from distribution companies (DISCOMs) at the end of October 2019 stood at ₹844.45 billion (~$11.83 billion), up by ₹297.76 billion (~$4.17 billion) or 54% from ...
CEA to Maintain Database of Outstanding Dues by DISCOMs to Solar, Wind Developers
The Central Electricity Authority (CEA) is planning to maintain the database of all outstanding dues by distribution companies (DISCOMS) to renewable energy generators. Several developers have been in a tough ...