Seeking directions regarding submission of bank guarantees by power generators seeking grant of long term access into the inter-state transmission system. For more information please see below link.
- Tag "Bank Guarantees"
The move comes on the backdrop of the deep financial stress being faced by the power industry due to non-payment of dues The Union power ministry has directed electricity generators to snap supplies to state distribution companies which have failed to open or maintain bank guarantees. Following this directive, the states will have no option […]