India: Due to the temporary interruption of photovoltaic module supply, the government is required to agree to postpone the expiration of photovoltaic projects
November 24, 2021
Developers such as the Solar Energy Corporation of India (SECI), NTPC and NHPC have proposed to MNRE that the supply of imported solar photovoltaic modules has been temporarily interrupted due to factors such as the epidemic, and therefore requested that the project delivery time be postponed.
Recently, the Ministry of New Energy and Renewable Energy (MNRE) of India has asked the Dispute Resolution Committee (DRC) to investigate the delivery delays of some solar projects, which should be delivered before April 1, 2022.
Earlier, Manjesh Nayak, co-founder and CFO of Oorjan Cleantech, said that China’s coal shortage and power cuts have severely affected China’s production lines and schedules, which have caused rising pressure on solar hardware prices and uncertainty in delivery time. As Indian solar hardware brands rely heavily on Chinese imports, such as solar cells, wafers and inverter hardware, its hardware industry has also been adversely affected.