Discoms can't invoke force majeure: Gencos - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Discoms can't invoke force majeure: Gencos

Lockdown no excuse as it doesn’t impact utilities, say power producers. The Central Electricity Regulatory Commission is expected to issue an order that might reduce the late payment surcharge payable by discoms to power projects. The troubled power sector will be mired in a new set of legal cases if the issue is not amicably resolved.

from Industry-Economic Times
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