Commenting on the extensions, IHS Markit analyst, Josefin Berg tells pv magazine, “Extensions to the commissioning deadline are fairly common in India’s PV market, as there are many factors that fall outside the developers’ control. Almost 8 GW of solar power projects in India have been given a six-month commissioning deadline extension by the Ministry of New and Renewable Energy (MNRE) to ensure their continued viability in the face of infrastructure-related delays. The ministry has extended the time frame for setting up these projects, which are expected to generate about 10 GW, from June 1 to July 31. The Solar Energy Corporation of India (SECI) may also grant a six-month extension to projects it has awarded that have encountered delays in finalising formalities that were not their fault.
Almost 8 GW of solar power projects in India have been given a six-month commissioning deadline extension by the Ministry of New and Renewable Energy (MNRE) to ensure their continued viability in the face of infrastructure-related delays. The ministry has extended the time frame for setting up these projects, which are expected to generate about 10 GW, from June 1 to July 31. The Solar Energy Corporation of India (SECI) may also grant a six-month extension to projects it has awarded that have encountered delays in finalising formalities that were not their fault.