05 August 2019 | BRIDGE TO INDIA
The Ministry of Power (MOP) and MNRE have issued a couple of emphatic orders to tackle the growing DISCOM payment crisis. The first is an MOP order in end June instructing State Load Despatch Centres (SLDC) and Regional Load Despatch Centres (RLDC), entities responsible for scheduling and issuing despatch instructions for all power, to allow despatch of power only if the DISCOMs have opened requisite letters of credit (L/C) in favour of the power generators…
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