Discoms still not issuing letters of credit against power purchases – NSEFI
The National Solar Energy Federation of India has warned the Ministry of Power that PV developers may be deterred from participating in state tenders because distribution companies are still not issuing letters of credit as a payment security mechanism.
Uttar Pradesh sets 2% solar RPO target for this year
The state figure is applied on top of a larger, non-solar RPO requirement plus solar and non-solar mandates which were set at a national level by the Ministry of Power last week.
