Intelligence
12GW overseas PV project delayed!
2025-04-22 10:56

According to Wechat Official Account @DNE, on April 21, India's Ministry of New and Renewable Energy (MNRE) has approved two government agencies to extend the commissioning of some solar projects until the end of December 2025, according to foreign media reports.

In a letter to the Solar Energy Corporation of India (SECI) and the Indian Renewable Energy Development Agency (IREDA), the MNRE specified that the main reasons for the delay include insufficient supply of domestically produced photovoltaic solar modules, transmission infrastructure issues, and delays in the bidding process.

In this regard, SECI and IREDA have filed an application with the concerned authorities for extension of nine months for the tender project under Phase-II of the Central Public Sector Undertaking (CPSU) scheme of the Union Government of India.、

It is understood that the project, which starts in 2019, plans to add 12GW of installed PV capacity. The project will be financed by MNRE with a total viability gap funding of Rs 85.8 billion (roughly Rs 7,327 million) and will utilize domestically produced solar PV cells and modules for the construction of ground-mounted power plants.

Source:https://mp.weixin.qq.com/s/F02IZ-xQFTCRr0kfUpbXQQ

 
Tags:PV , renewable energy
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