Now Reading: Renewable developers seek Rs 3,000 crore relief over transmission delays
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Renewable developers seek Rs 3,000 crore relief over transmission delays
Renewable developers seek Rs 3,000 crore relief over transmission delays
Renewable energy developers have sought up to Rs 3,000 crore in relief after transmission delays forced projects to curtail 80-90% of generation, Energy Times reports. Their proposals include concessional bridge finance, a…
The Story in Brief
Renewable energy developers have sought up to Rs 3,000 crore in relief after transmission delays forced projects to curtail 80-90% of generation, Energy Times reports. Their proposals include concessional bridge finance, a repayment moratorium covering the delay period and longer loan tenures without penalties. Some companies are reportedly losing up to Rs 50 crore a day, while commissioned projects are evacuating just 10-20% of their power because general network access is delayed.
The Neemrana-II and Bikaner-III substations and their connecting corridor in Rajasthan remain delayed beyond the December 2025 target, partly because of forest clearances and right-of-way issues. The Ministry of New and Renewable Energy has sought project-wise data from the National Solar Energy Federation of India before deciding the size and structure of any package. The ministry did not respond to the publication’s questions.
The Indian Opinion
Claims that renewable power is failing because of weak demand miss the immediate problem, while demands for a blanket bailout risk shifting project and planning costs to taxpayers. Developers need relief only after project-wise losses, contractual responsibility and the causes of delay are verified. The ministry’s data exercise should establish whether the substations, clearances or early project commissioning caused each shortfall. The eventual test is simple: how much generation is actually evacuated once the Rajasthan corridor is ready?
Source: energy.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
