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Daily News Wrap-Up: MNRE Revokes Blanket Extension for RE Projects in GIB Area

Investments in the Indian solar sector drop by 171% YoY to $1.03 billion

June 6, 2023

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The Ministry of New and Renewable Energy has revoked its order granting an extension of 30 days for the commissioning of renewable energy projects, for which the transmission infrastructure lies in the Great Indian Bustard area, and the project commissioning has been delayed due to the non-completion of transmission infrastructure. The Ministry said that the implementing agencies should make decisions based on the merits of the projects, and if there are grounds for extension, such extension will be granted, but only for the necessary period.

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