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Home / CERC allows return of connectivity bank guarantee for abandoned solar projects
Back·July 06, 2026·Saur Energy
Read at Saur Energy

CERC allows return of connectivity bank guarantee for abandoned solar projects

SolarNews Brief

CERC allowed the return of a Rs 214 crore connectivity bank guarantee tied to abandoned solar projects, with conditions. It is an important regulatory signal because bank guarantees shape how developers price grid-connection and cancellation risk.

India's Central Electricity Regulatory Commission allowed Assam Power Distribution Company to recover its Rs 214 crore connectivity bank guarantee for abandoned solar projects, subject to conditions including a Rs 70 crore security. The decision matters because grid-connectivity guarantees and exit rules directly affect developer risk in utility-scale solar procurement.

Read the full story at Saur Energy

Source: Saur Energy. Solar News summarizes; the complete story is on the publisher's site.

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