payment-security-mechanism

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Payment Security and CFA for RESCO Model Under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has issued guidelines for implementing two critical components of the PM Surya Ghar: Muft Bijli Yojana program. The first...

December 31, 2025

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Gautamee Hazarika

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Markets & Policy

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Solar
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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

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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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