Solar power developers seeks extension for project commissioning

ET reported hat at least thirty solar project developers have decided to file a petition before the state electricity regulator to seek extension of the current tariff regime. Developers of close to 450 MW of solar projects fear of their investments of Rs 6,750 crore becoming unviable as they are not in a position to commission their capacities before December, a deadline set by the Gujarat Electricity Regulatory Commission (GERC).

Representatives of Moser Baer, Lanco, Kiran Energy, GMR, Sun Edison and Emco met at Ahmedabad Management Association to decide the future course of action for the struggling solar project developers.