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Lender Can Substitute Promoter in Case of Solar Generator Default: Amended Guidelines

The Ministry of Power has amended bidding guidelines for solar projects

July 18, 2019

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The Ministry of Power has amended the competitive bidding guidelines for the procurement of power from grid-connected solar photovoltaic (PV) projects. This is the third time these guidelines have been amended. The guidelines were previously amended in January 2019 and before that in June 2018.

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