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Indian renewable energy agencies asked to treat lockdown as Force Majeure

This means renewable agencies should allow developers a suitable time frame to complete pending projects, on account of disrupted supply chains The Indian Government has granted a 30-day extension to all renewable energy agencies to normalise operations post the Covid-19 crisis. The Ministry of New and Renewable Energy has asked for the lockdown to be […]

India Emphasises Affordable Energy Access for 1.4 Billion People Amid US Legislative Developments – EQ

Withdraw capacity charges on power utility, says Capt Amarinder Singh

Citing the nationwide lockdown in place since March 24, 2020, Captain Amarinder said,” Due to imposition of restrictions on the operations of all kinds of establishments, barring those providing essential services, the demand for power has resultantly been severely reduced.” CHANDIGARH: Punjab chief minister Captain Amarinder Singh on Monday urged the Union Power Ministry to […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ

Force Majeure should have built-in relief for incurred costs: Ashish Khanna, MD & CEO, Tata Power Solar and President, Tata Power Renewables

“The entire industry, not just Tata Power Solar is importing Chinese equipment and since we are an EPC contractor, we are importing even for clients” In the current situation of liquidity crunch, the renewable industry is in flux and we don’t foresee people investing in CAPEX right now tells Ashish Khanna, MD & CEO, Tata […]

EQ In Exclusive Conversation With Mr. Vikas Arya, Vice President-Product Development & Design – Jakson Solar – EQ

IREDA to handle CPSU Scheme on behalf of MNRE

The amended clause also added that all issues regarding time-extension and dispute resolution on force majeure events will also be dealt by IREDA New Delhi: The Ministry of New and Renewable Energy (MNRE) has appointed the Indian Renewable Energy Development Agency Limited (IREDA) as the implementing agency to handle the Central Public Sector Undertaking (CPSU) […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ