A mission of Tata Energy Photo voltaic.
Picture: Tata Energy Photo voltaic
From pv journal India
India’s Ministry of New & Renewable Power (MNRE) stated that photo voltaic or wind-solar hybrid tasks for which bids had been closed earlier than the announcement of the fundamental customs obligation (BCD) of the modules on March 9, 2021, fee extensions shall be granted solely on a case-by-case foundation.
The renewable vitality implementing companies, together with Photo voltaic Power Corp. of India (SECI), NTPC and NHPC will look at builders’ requests for extension on a case-by-case foundation and grant extensions provided that the developer has taken all potential enforcement steps. the mission, such because the acquisition of land and orders for modules and the stability of the provision system, nevertheless it can’t be accomplished for causes past his management.
If the developer takes steps to implement the mission and simply sits on the award, these tasks won’t be granted an extension and can face cancellation.
Earlier, MNRE introduced that photo voltaic and solar-wind hybrid tasks for which bids had been finalized earlier than March 9, 2021, could also be given time to finish as much as March 31, 2024.
In its newest order, the MNRE clarified that the completion of the extension of these tasks “is just not a normal blanket extension”.
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