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100% subsidiaries can be granted connectivity
Nov 07:   It was upheld again last week that 100% subsidiary companies in the renewable sector should be allowed to utilize the connectivity granted to the parent company.
8But there can be the possibility that trading in connectivity can take place
8To obviate this possibility, any sale of shares in the subsidiary company(ies) shall be allowed only after one year of the commencement of supply of power from the SPV.
Click on Reports to find out more about how this order bring about a paradigm change in the way renewable power is wheeled in India     

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