The Government of India has extended the deadline of all renewable energy projects currently under development because of the lockdown brought by COVID-19 pandemic.
The projects granted for the implementation will be extended equal to the period of the lockdown and an additional 30 days. The developers will no be required by the Ministry of New and Renewable Energy (MNRE) to provide evidence or documentation to prove the delay of the completion of the project.
The government has started the nationwide shutdown on March 24 and all businesses were closed except for those providing essential products and services. The lockdown is considered as a force majeure event and the developers of the project will not be penalized for the delays for the delivery of the contract.
Country updates
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April 07, 2020
SECI launches tender for 1.2 GW wind and solar hybrid project in India (Tranche III)
The Solar Energy Corporation of India has launched tender for the development of up to 1,200 MW ISTS-connected wind-solar hybrid power projects (Tranche III). The project will be implemented un...
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April 07, 2020
SECI launches tender for 15 MW floating solar project in Telangana State
The Solar Energy Corporation of India Limited (SECI) has launched a tender for the development of a 15 MW floating solar photovoltaic plant for different sites at SCCL Telangana State in India.&n...
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April 03, 2020
Yinson invests 37.5% stake in Indian solar plant
Yinson has entered into multiple agreements to acquire a 37.5% equity interest in Rising Sun Energy Private Limited (RSE), an India-incorporated company with two operational solar plants in the Bhadla...
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March 30, 2020
IndiGrid completes acquisition of East North Interconnection Company Limited
India Grid Trust (IndiGrid) has acquired a transmission asset, East North Interconnection Company Limited (ENICL), from Sterlite Power at a value of US$134 million. ENICL is a part of the Inter-State...
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March 24, 2020
SECI tenders 2 GW wind and 2 GW solar projects in India
The Solar Energy Corporation of India (SECI) has launched two tenders for the development of ISTS-connected wind and solar projects with up to 2 GW each aggregate capacity under tariff-based comp...
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