The Economic Times

Renewable energy developers seek Rs 3,000 crore relief amid transmission bottlenecks

Renewable energy developers are urgently requesting comprehensive financial assistance from the government due to significant delays in essential transmission projects, resulting in major curtailment of power generation. This mishap has led to severe revenue losses and heightened difficulties with loan obligations. In response, they are advocating for bridge financing and temporary moratoriums to alleviate the financial strain. The government is currently evaluating these challenges to form suitable support initiatives.