Business Standard

Covid-hit 39 Gw renewable energy projects stare at delays, cancellations

175 Gw target under threat as project developers, states shy away

Renewable Energy
Premium

There 7.3 Gw of wind power projects which are facing delays for reasons of lack of land availability, extension in financial closure and developers showing reluctance citing non-viability of the project

Shreya Jai New Delhi
Lockdown to check Covid-19 spread, supply chain disruption of Chinese solar imports, delay in transmission connections, and reluctance of states to purchase renewable energy have derailed 39.4 gigawatt (Gw) of solar and wind projects. 

The Centre last week gave a blanket extension of three months to all under-construction renewable energy projects citing Covid lockdown. But several projects would still find it tough to commission, as the buyers are missing. 

The data compiled by the Central Electricity Authority (CEA) showed 20 Gw of solar projects have been granted extension due to Covid, while there are 8 Gw solar projects that do not have

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in