MNRE extends project development deadlines for solar power developers

The Ministry of New and Renewable Energy (MNRE) has extended relief to solar power developers by extending the project development deadlines in case the delays were caused by circumstances beyond their control. Prior to this, the MNRE had sent a letter directing all states to strictly adhere to solar project deadlines, thereby affecting market sentiment. As per the ministry’s new notification, if there are delays due to issues like land allotment, transmission or evacuation facilities, connectivity permission or force majeure, the state may consider extending the project completion period.

GET ACCESS TO OUR ARTICLES

Enter your email address