Author: abhishek2019cs034abesit@gmail.com

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • MNRE Allows Up to Four-Month Extension for Renewable Energy Projects Hit by West Asia Disruptions

    The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies to consider time extensions of up to four months for eligible renewable energy projects delayed due to disruptions arising from the ongoing situation in West Asia.

    The relief applies to projects whose Scheduled Commissioning Date (SCD) or Scheduled Commencement of Supply Date (SCSD), including extended dates, falls on or after February 28, 2026. The move follows representations from developers facing difficulties in equipment sourcing, transportation, logistics and project execution because of the geopolitical disruptions.

    The decision is based on an April 29, 2026 memorandum issued by the Department of Expenditure under the Ministry of Finance, which recognised the prevailing West Asia situation as a war event for contractual force majeure purposes.

    MNRE has advised renewable energy implementing agencies, including SECI, NTPC, NHPC and SJVN, as well as state and Union Territory energy departments, to consider eligible claims under the applicable contractual provisions.

    The extension will be considered on a case-by-case basis and will apply only to delays directly attributable to the West Asia disruptions. Developers must not have been in default of their contractual obligations as of February 27, 2026.

    MNRE has also sought corresponding relief for affected projects in relation to grid connectivity and General Network Access (GNA) arrangements. It has requested consideration of extensions without financial penalties, along with continuation of applicable Inter-State Transmission System (ISTS) charge waivers or concessions for projects whose timelines are extended under the force majeure provisions.

    The advisory is expected to provide additional execution time to eligible solar, wind and hybrid renewable energy projects affected by supply-chain and logistics disruptions, while maintaining contractual accountability for delays unrelated to the West Asia situation.

  • Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited, has been engaged as a subcontractor under Malaysia’s Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).

    CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid, supporting corporate decarbonization commitments while adding grid-scale renewable capacity in Malaysia.

    Malaysia’s renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme).

    In July 2026, the Ministry of Energy Transition and Water Transformation (PETRA) launched the Large-Scale Solar (LSS6) frameworks which offers 2,500MW solar capacity which expected to attract investment ranging RM13 billion to RM15 billion (approximately US$3.2 billion to US$3.7 billion).

    For Founder Group, the combination of CGPP’s corporate offtake demand and LSS6’s expanded utility-scale pipeline represents a significant tender book and order book opportunity. As energy-intensive businesses seek to insulate themselves from tariff volatility under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), and as national utility-scale capacity targets accelerate, the Company expects growing demand for EPCC across both the large-scale solar and commercial and industrial (C&I) segments, alongside continued growth in operations and maintenance (O&M) services for the industry nationwide.

    Under the LOA, Founder Energy’s scope covers procurement, electrical and mechanical installation, and commissioning of the solar facility, excluding major equipment to be purchased directly by the main contractor. Founder Energy’s responsibilities include obtaining and maintaining all approvals, licenses, clearances and permits required for construction and operation, and delivering, installing, testing and commissioning the system up to the interconnection point in accordance with Prudent Utility Practices and Tenaga Nasional Berhad (TNB) requirements.

    Beyond the turnkey EPCC execution, Founder Group also provides long-term asset lifecycle management. The Company integrates the Company’s proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring AI-driven diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspection technologies designed to identify anomalies and detect module defects with minimal manual intervention, supporting uptime and performance across solar assets.

  • Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited, has been engaged as a subcontractor under Malaysia’s Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).

    CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid, supporting corporate decarbonization commitments while adding grid-scale renewable capacity in Malaysia.

    Malaysia’s renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme).

    In July 2026, the Ministry of Energy Transition and Water Transformation (PETRA) launched the Large-Scale Solar (LSS6) frameworks which offers 2,500MW solar capacity which expected to attract investment ranging RM13 billion to RM15 billion (approximately US$3.2 billion to US$3.7 billion).

    For Founder Group, the combination of CGPP’s corporate offtake demand and LSS6’s expanded utility-scale pipeline represents a significant tender book and order book opportunity. As energy-intensive businesses seek to insulate themselves from tariff volatility under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), and as national utility-scale capacity targets accelerate, the Company expects growing demand for EPCC across both the large-scale solar and commercial and industrial (C&I) segments, alongside continued growth in operations and maintenance (O&M) services for the industry nationwide.

    Under the LOA, Founder Energy’s scope covers procurement, electrical and mechanical installation, and commissioning of the solar facility, excluding major equipment to be purchased directly by the main contractor. Founder Energy’s responsibilities include obtaining and maintaining all approvals, licenses, clearances and permits required for construction and operation, and delivering, installing, testing and commissioning the system up to the interconnection point in accordance with Prudent Utility Practices and Tenaga Nasional Berhad (TNB) requirements.

    Beyond the turnkey EPCC execution, Founder Group also provides long-term asset lifecycle management. The Company integrates the Company’s proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring AI-driven diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspection technologies designed to identify anomalies and detect module defects with minimal manual intervention, supporting uptime and performance across solar assets.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.