Assured Spare Parts Supply Agreements -
Opening of stand-by Letters of Credit by
Independent Power Producers
A.P. (DIR Series) Circular No. 9 (August 13. 2002)

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No. 9August 13. 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Assured Spare Parts Supply Agreements –Opening of stand-by Letters of Credit byIndependent Power Producers Authorised Dealers are aware that as per extant guidelines, opening of stand-by Letters of Credit is permitted only in exceptional cases, such as for import of crude oil and petrole

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No. 9August 13. 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Assured Spare Parts Supply Agreements –Opening of stand-by Letters of Credit byIndependent Power Producers Authorised Dealers are aware that as per extant guidelines, opening of stand-by Letters of Credit is permitted only in exceptional cases, such as for import of crude oil and petrole

Assured Spare Parts Supply Agreements - Opening of stand-by Letters of Credit by Independent Power Producers A.P. (DIR Series) Circular No. 9 (August 13. 2002)