The Ministry of New and Renewable Energy (MNRE) has allowed renewable energy projects scheduled for commissioning on or after February 28, 2026, an extension of up to four months, citing the West Asia conflict as a force majeure event. This follows the Finance Ministry's classification of the situation as a war, impacting project timelines due to supply chain disruptions in critical materials like galvanized steel and solar glass. The move is crucial for India's renewable energy targets, as solar capacity addition slowed in the April-June 2026 quarter to 11.8 GW, down 18.1% from the previous quarter.
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- ›Extension Duration: Up to 4 months
- ›Eligibility Cutoff Date: Projects scheduled on/after February 28, 2026
- ›Target this Data: Solar capacity addition in Apr-Jun 2026 quarter: 11.8 GW; quarterly decline: 18.1%; FY26 total: 44.61 GW
- ›Target this Nodal Body: Ministry of New and Renewable Energy (MNRE) – issued the advisory
- ›Target this Legal Point: Section 63 of the Electricity Act, 2003 – governs standard bidding for renewable PPAs and force majeure provisions
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