Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
In another bonanza for the industry sector in state, maharashtra electricity regulatory commission (merc) has amended the rules to open access (oa) of power, wherein the demand has now been scaled down to 100kw. the new rule is applicable in terms of purchase of power from renewable energy sources, and it could provide stimulus to tapping the solar energy given the abundance of sunny days in the region. with state-run maharashtra state power generation company limited (mspgcl) also helping stimulate investm
While welcoming the recent developments and changes brought in by the maharashtra electricity regulatory commission (merc) in the new roof top solar policy,entrepreneurs of the region on saturday termed it as a ‘diwali gift’ forthe industry.they also said that the new changes would motivate many entrepreneurs to opt solar rooftop power. however, the entrepreneurs and representatives have also decided to file petitions before the merc seeking more changes inthepolicy.ina seminar held under the banner of ener