Maharashtra Discom Warned Over Late Payment to Wind Developers Updated On Wed, May 22nd, 2019 by Saurenergy If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […] Read more
Suzlon Energy Completes Agreement to Sell 2 Subsidiaries to CLP Wind Farms Updated On Tue, Mar 26th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two its subsidiaries (i) SE Solar and (ii) Gale Solar farms to CLP Wind Farms for a total consideration of Rs 99.09 crore. “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind Farms (India) Private Ltd (CLP) with SE […] Read more
