{"id":283799,"date":"2019-07-22T09:11:49","date_gmt":"2019-07-22T09:11:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283799"},"modified":"2020-05-06T17:10:32","modified_gmt":"2020-05-06T11:40:32","slug":"no-power-without-lc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/no-power-without-lc\/","title":{"rendered":"No power without LC"},"content":{"rendered":"<p>The centre in a bold move to discipline the state-owned loss making power distribution companies (discoms) ordered that the \u2018Letter of Credit\u2019 should be mandatorily followed as a payment security mechanism. At the same time, it also said the discoms which default on their payment to power generators (gencos) under any long-term agreement should not be allowed to purchase short-term power from open market. <\/p>\n<p><a href=\"https:\/\/livemedia.press\/product-category\/subscribe-il\/?v=56b5fbba0fe8\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\" alignright\" src=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" alt=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The centre in a bold move to discipline the state-owned loss making power distribution companies (discoms) ordered that the \u2018Letter of Credit\u2019 should be mandatorily followed as a payment security mechanism. At the same time, it also said the discoms which default on their payment to power generators (gencos) under any long-term agreement should not be allowed to purchase short-term power from open market. &nbsp;<\/p>\n","protected":false},"author":1,"featured_media":283800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[],"class_list":["post-283799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazinenews"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283799"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media\/283800"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}