MNRE is understood to be in advanced stages of waiving requirements for bank guarantees by project bidders. As per a news report, MNRE is proposing that instead of bank guarantees, the developers may provide letters of comfort from one of the three government owned financial institutions – Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA). The move is motivated by a desire to free up banking lines of credit for the developers and improve ‘ease of doing business’ in the sector.. ..
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India’s total utility scale solar and wind capacity reached 77,082 MW by 30 June 2021. New capacity addition in the last 12 months was 6,530 MW, up ...
This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tender and pol...
The India Renewable Power CEO Survey provides a glimpse into key trends of the industry that affect important management decision-making by business l...
India’s wind solar hybrid (WSH) project capacity is poised to grow from 310 MW at present to about 9,500 MW by 2025.
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Our details
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Amendments
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Privacy
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If a provision of these terms and conditions is determined by any court or other competent authority to be unlawful and/or unenforceable, other provisions will continue in effect.
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