CERC Orders Return Of INR214 Crore Bank Guarantee To APDCL After Assam 750 MW Solar Project Suspension

The Central Electricity Regulatory Commission has mandated the return of a ₹214 crore Connectivity Bank Guarantee to Assam Power Distribution Company Limited after the cancellation of a solar project due to funding withdrawal. APDCL will need to submit a relinquishment application and deposit ₹70 crore to cover pending compensation claims from NERGS-I.
The post CERC Orders Return Of INR214 Crore Bank Guarantee To APDCL After Assam 750 MW Solar Project Suspension appeared first on SolarQuarter. 

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