ReNew Power Fined for Project Commissioning Delay but PPA Not Terminated
The Supreme Court has asked ReNew Power to pay ₹119 million for delay in project commissioning
April 19, 2018
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The Supreme Court of India has asked renewable energy project developer ReNew Power to pay a penalty of ₹119 million (~$1,827,700) to the Madhya Pradesh Power Management Company Limited (MPPMCL) for delaying the commissioning of a solar project in the state by more than 210 days.