Amid COVID-19 Lockdown, Power To Be Scheduled Despite 50% Reduction in Payment Security
The Ministry of Power’s order will come into effect till June 30, 2020
March 30, 2020
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Considering the outbreak of coronavirus (COVID-19), which has severely affected the economy, the Ministry of Power (MoP) has issued a directive which states that the power may be scheduled even if the payment security mechanism (PSM) is reduced by 50% against the initial contract. The order will be valid until June 30, 2020.
Anjana Parikh
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