Renewable Energy Developers to be Blacklisted for Project Delays: MNRE

Ministry directs PSUs to enforce blacklisting and encashment of bank guarantees

February 16, 2023

/ Markets & Policy, Other, Renewable Energy

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The Ministry of New and Renewable Energy (MNRE) has directed the Public Sector Undertakings (PSUs) to blacklist renewable energy developers that fail to complete the project within the prescribed deadline. The ministry said that the blacklisting could span 3-5 years.

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Sumit Jha

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Renewable Energy Developers to be Blacklisted for Project Delays: MNRE

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