Discoms Won’t Get Power If They Don’t Provide Letters Of Credit To Generators
Transmission towers stand near the Shin Kori nuclear facility, operated by Korea Hydro & Nuclear Power Co. Ltd., a unit of Korea Electric Power Corp. (Kepco), in Ulju, Ulsan province, South Korea. (Photographer: Jean Chung/Bloomberg)

Discoms Won’t Get Power If They Don’t Provide Letters Of Credit To Generators

Electricity distribution companies won’t be supplied power if they don’t maintain letters of credit, a kind of payment security, as India looks to avoid stress build-up in the power sector.Power wi...
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