Industry Interaction with Senior Officials from the Ministry of Power and Ministry of New and Renewable Energy – 4th April 2020
The U.S. Embassy and AMCHAM organized an industry interaction with Mr. Vivek Kumar Dewangan, Joint Secretary, Ministry of Power and Mr. Dinesh Dayanand Jagdale, Joint Secretary, Ministry of New and Renewable Energy, on April 4th over a webinar. The virtual interaction between 28 participants from the electricity sector saw the ministry officials providing updates and clarifications on a host of issues from power as an essential service, force majeure concerns, payment security, impact of lockdown on renewable generation, situation with DISCOMS, securitization of utility receivables, etc. Mr. Nathan Halat, First Secretary, Energy Affairs, U.S. Embassy, moderated the discussion. Subsequent to the webinar and considering members concerns and representations, the Ministry issued a clarification on April 6th covering various aspects of payment security to power producers. View the clarification HERE.