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Discoms push back against proposal for upfront power payments

Discoms push back against proposal for upfront power payments

News   •   Oct 18, 2019 09:25 +08

Power distribution companies in the states of Maharashtra and Tamil Nadu have pushed back against a government recommendation to make them pay power producers in advance.

Indian Discoms must now use letters of credit when buying power

Indian Discoms must now use letters of credit when buying power

News   •   Aug 12, 2019 13:28 +08

The Indian government is trying to reduce delayed payments in the energy industry by making it mandatory for state power distribution companies (Discoms) to use letters of credit when they buy power.

India's renewable energy ministry to publicly disclose payment delays

India's renewable energy ministry to publicly disclose payment delays

News   •   Jul 29, 2019 09:00 +08

India's Ministry of New and Renewable Energy (MNRE) has said it is considering setting up a web portal to publicly disclose payment delays to renewable energy companies from power distribution companies.

Payment delays in India affect renewable energy companies

Payment delays in India affect renewable energy companies

News   •   Jun 10, 2019 08:14 +08

Payment delays in India by power distribution companies (also known as DISCOM) are affecting the cash flow of solar and wind energy companies in the country.