5 days ago

CERC Framework Gives Malwa-Nimar Renewable Projects More Time

A new CERC rule gives some delayed renewable-energy projects extra time to keep their place on the electricity grid.

The projects must pay a daily fee for the delay.

They also have to prove that real work has begun.

This can include showing documents for part of the land they need.

The rule may help solar and wind projects in the Malwa-Nimar region of Madhya Pradesh.

These projects can face delays with land, permits, equipment, money, or transmission systems.

The rule also prevents unfinished projects from blocking grid capacity forever.

If a project still misses its goals after the extra time, its connection may be cancelled.

Key facts

Regulator: Central Electricity Regulatory Commission (CERC)
Land and financial-closure compensation: Rs 1,000 per MW per day
COD delay compensation: Rs 3,000 per MW per day
Land evidence for land or financial-closure extensions: Documents covering at least 20% of required land
Land evidence for COD extensions: Documents covering 50% to 75% of required land, depending on project category
Potential consequence after an extension: Cancellation of grid connectivity and forfeiture of associated bank guarantees
Transmission expansion: New 220 kV and 400 kV infrastructure is being developed in the region to evacuate power from upcoming solar and wind projects

freepressjournal.in · 5 days ago