MNRE update on Covid-19
“With the MNRE lockdown extension, all the solar rooftop customers of Bescom in Bangalore whose projects were stalled due to Covid, could be relieved from not being able to complete the projects with the deadlines as per their Power purchase agreement. ”
Ministry of New and Renewable Energy ( MNRE ) has issued a letter dated : 17th April 20 to treat the lockdown period due to Covid-19 as Force majeure. It is a welcoming news for the industry. Force majeure translates literally from French as superior force.
Few bits from a recent article by Mercom India:
The Ministry’s notice, issued on April 17, 2020, directed renewable energy implementing agencies to grant an extension of time for projects amounting to the total period of the lockdown plus 30 days for normalization.
The MNRE said that this would be a blanket extension and that there would be no need for any case-to-case investigations. It added that there would be no need for parties to present a case or provide related evidence to be granted the extension.
It also added that state renewable energy departments, including agencies under power and energy departments in the state dealing with renewable energy, may also treat the lockdown due to the global Coronavirus pandemic as a ‘force majeure’ event and may consider granting appropriate time extensions because of the lockdown.
Read the full article : Click here
MNRE secretary Anand Kumar made the announcement in a recent live webinar held by Mercom India.
We at EcoSoch are closely watching the guidelines from all the government agencies on Covid-19 in Karnataka. Latest update on solar rooftop policy and guidelines issued by agencies such as KERC and BESCOM as well. Lot of disruptions have already happen due to Covid-19 last few months. Disruption in Supply Chain of solar products and installation of solar projects in the country. During this lockdown period we are conducting several session for solar enthusiasts in Bangalore. We are also updating the blog session on our website : Click here
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