The company had called a meeting of bondholders on April 6 seeking their nod for resolution of the outstanding $172 million bonds.
Invoke force majeure cluse, get a rap on knuckles from MNRE, which asks them to continue buying and paying for RE even during lockdown
Renewables means savings on power and that means an even stronger case for electric mobility
The Centre has also decided to set up mega-sized solar parks which will have their own transmission systems
High Court directs state to pay in four weeks
In the average revenue requirement (ARR) filing for the year 2019-20, the Andhra discoms estimate a loss of Rs 9,415 crore
Dismisses panel formed to review tariffs for buying power
Solar & wind firms called project cancellation 'illegal, unconstitutional'
More than 72 GW capacity has been installed so far
Says banks are reluctant to finance projects as there are fears lower tariffs can lead to payment delays
With Madhya Pradesh at the top with Rs 14,313.80 crore
Gujarat has been defaulting on its renewable purchase obligation (RPO) for four years now
Lot will depend on the discom's ability to source cheap power and pass on the same to consumers