DISCOM Credit Risk in KUSUM-A: Pricing, Structuring, and Securing Receivables For solar developers and financiers, PM KUSUM Component A is not just a capex-and-yield problem. It is a cash-collection problem. When your offtaker is a DISCOM, the project’s “real” revenue is not the tariff on paper—it’s the tariff collected on time, with minimal disputes, and with enforceable payment security.This is where DISCOM Credit Risk in KUSUM-A becomes the single most important bankability variable—often more critical than module brand, tracker choice, or even marginal differences in CUF.Key takeaways :-DISCOM Credit Risk in KUSUM-A is the probability that invoices are delayed, disputed, or partially paid, reducing usable cashflows for debt service and equity…