The delay in payments by distribution utilities has been an issue of concern for generation companies for a long time. Owing to their precarious financial condition, distribution utilities are often irregular in their payments to […]
In November 2017, state-owned Power Finance Corporation (PFC) raised $400 million through its maiden green bond issue. The company listed its 10-year Reg S Green Bond on the London Stock Exchange’s (LSE) International Securities Market […]
The government’s vision to provide 24×7 affordable and environment-friendly “Power for All” requires a revamp of the distribution sector. To this end, the government has launched several programmes, such as the Ujwal Discom Assurance Yojana […]
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