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November 08,2024

MERC Provides Relief to Clean Wind Power Project

MERC granted relief to Clean Wind Power (Bhavnagar) due to delays caused by Force Majeure events, including COVID-19 & Grid Connectivity issues. MERC ruled that while project delays beyond 27 months could lead to PPA termination & encashment of the Performance Bank Guarantee, exemptions applied to 50MW without Grid Connectivity, emphasizing the importance of clear contracts & regulatory compliance.

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