Uttar Pradesh Regulator Accepts Delay in Implementing Forecasting Rules Due to COVID-19

Uttar Pradesh Regulator Accepts Delay in Implementing Forecasting Rules Due to COVID-19

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued an order accepting delays by the state load despatch center (SLDC) in implementing its procedures for forecasting, scheduling, and deviation settlement ...
DISCOMs’ Obligation to Pay for Power Within 45 Days of Raising Letter of Credit Remains

DISCOMs’ Obligation to Pay for Power Within 45 Days of Raising Letter of Credit Remains

The Ministry of Power (MoP) has issued a clarification regarding letters of credit (LoC) to be given by distribution companies (DISCOMs). It stated that DISCOMs are expected to deposit LoCs for ...
Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

In the wake of the deadly Coronavirus (COVID-19) outbreak, which has affected the global economy, India’s Finance Minister Nirmala Sitharaman today announced relief measures for taxpayers and businesses as the ...
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