Payment risk resurfaces via discoms for wind projects: Crisil ANI | Updated: Mar 13, 2021 16:38 IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): Payment risk from discoms has resurfaced for wind power projects with four key states Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh that act as a counterparty to around 40 per cent of the overall wind capacity toting up dues of Rs 5,450 crore to 156 renewable projects.
That is 50 per cent increase in the dues year-on-year, according to global analytics company Crisil.
Wind power projects constituting nearly three-fourth of the total private renewable (wind and solar) capacity of these four states have borne a larger share of the payment delays.
India renewables firms cry foul as state seeks to renege on pact
Gujarat Urja Vikas Nigam had awarded the contracts to firms, including ReNew Power, Tata Power and SJVN for building solar capacity at tariffs of as much as ₹2.81 a kilowatt-hour
(Photo: Mint)Premium
. Updated: 24 Feb 2021, 03:18 PM IST Bloomberg
The Centre has stepped in to mediate a dispute between Gujarat and solar power developers over the province’s plan to backtrack on bids for a 700 megawatt project because of high tariffs and invite fresh ones
Share Via
Read Full Story
India’s federal government has stepped in to mediate a dispute between the state of Gujarat and solar power developers over the province’s plan to backtrack on bids for a 700 megawatt project because of high tariffs and invite fresh ones.
COVID-19, Brexit and international tensions have unsettled the European Union and exacerbated its internal discords
After its invitation to British Prime Minister and arch-Brexiteer Boris Johnson to visit India, New Delhi plans to start negotiations on investment and trade agreements with the European Union (EU). These are likely to run into the same problems as the discussions that began on a comprehensive free trade agreement in 2007 but were aborted due to differences on movement of professionals, labour, human rights and environmental issues and India’s high tariffs, inconsistent tax regime and non-payment of arbitral awards. Before COVID-19 and Brexit, the EU had the same GDP as the United States and was one of India’s major trade and investment partners. Being the largest democracies and unions of linguistically, culturally and ethnically diverse States, both the EU and India are well suited for a special relationship, but the reality is that the status is one without any
Frist läuft ab: EU rüstet sich für No-Deal-Brexit krone.at - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krone.at Daily Mail and Mail on Sunday newspapers.
leaders said that and they expressed support for president trump, who is leading the way to try to get china to make changes. okay. structural changes, ip theft, forced transfer of technology, high tariffs, et cetera. every single one of them. i was in that room, so that s why i m saying what you may have said, and i don t know where these guys said that, is out of context. now, let me also add no, not about where you no, i have look, i have to take issue with that because he said they may look, there are a lot of people who think china needs to be dealt with, but they do not like how the president is doing it, and that was boris johnson saying we don t like tariffs on the whole. and he said we re in favor of trade peace on the whole. he wanted to register a note of our view on the trade war. at tusk, this would lead to a recession, macron, this is bad for everyone. this is what they have said, even if they have expressed some solidarity or empathy with what the president is