Andhra High Court Stays Center’s Order, Gives Relief to DISCOMs Over Letters of Credit

Andhra Pradesh’s electricity distribution companies approached the high court for relief after receiving letters from POSOCO restricting them from approaching power exchanges

October 17, 2019

/ shaurya

/ Grid, Market & Policy,

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The Andhra Pradesh High Court has issued a stay order on the central government’s proceedings against electricity distribution companies (DISCOMs) in Andhra Pradesh for not providing letters of credit to power generators in line with the order from the center.

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shaurya

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