Payment delays in India affect renewable energy companies

2019-07-29

Solar and wind energy companies in India are waiting in vain for payments from power distribution companies (DISCOM). This is not a new problem. Payments have been delayed for up to 10 months in states such as Andhra Pradesh and Telangana. As a result, renewable energy companies struggle with insufficient cash flow and tighter margins, which leads to problems bidding for new projects and maintaining operations. So, what can these solar and wind energy companies do to ensure that they get paid on...

Solar and wind energy companies in India are waiting in vain for payments from power distribution companies (DISCOM).

This is not a new problem. Payments have been delayed for up to 10 months in states such as Andhra Pradesh and Telangana.

As a result, renewable energy companies struggle with insufficient cash flow and tighter margins, which leads to problems bidding for new projects and maintaining operations.

So, what can these solar and wind energy companies do to ensure that they get paid on time?

In this podcast, RIABU's Simon Littlewood and Mark Laudi discuss.

Comments (3)