GERC Grants Extension For Seven Point Eight MW Captive Solar Project
POWER & RENEWABLE ENERGY

GERC Grants Extension For Seven Point Eight MW Captive Solar Project

Panara Craft LLP sought a 90 day extension to commission its seven point eight megawatt (MW) captive solar power project in Gujarat, citing delays in financing and completion of evacuation infrastructure. The project is divided into two three point nine MW installations in Bharuch district and has faced setbacks in securing grid connectivity. The company said the loan process with the State Bank of India began in March 2024, was sanctioned in November 2024 and disbursement started in February 2025, which slowed execution.

The request was considered under GERC Order No. 06 of 2024 and the Gujarat Renewable Energy Policy 2023, which require solar projects ranging from one MW to 100 MW to be commissioned within 12 months of the Technical Feasibility Report. For Panara Craft the deadline was 22 April 2025 but the company argued the delays were beyond its control and should be treated as unavoidable circumstances. Dakshin Gujarat Vij Company Limited and Gujarat Energy Transmission Corporation Limited opposed the extension, asserting developer responsibility and noting that delayed disbursement did not amount to force majeure.

GERC examined project progress and observed that key technical activities such as pile drilling, casting and structure mounting had largely been completed. The Commission also referenced its earlier order in Petition No. 2564 of 2025 that extended the timeline for evacuation infrastructure from 12 months to 18 months. The company warned that strict action including cancellation of connectivity or encashment of bank guarantees worth Rs 3.9 million (mn) would inflict serious financial losses.

Balancing the circumstances, the Commission granted additional time and directed Panara Craft to complete remaining technical and regulatory work within six months from the date of its order, offering the developer an opportunity to secure grid connectivity without immediate penalties. The decision reflects an attempt to reconcile regulatory timelines with practical financing and infrastructure challenges and signals that prompt coordination remains essential to avoid future enforcement actions.

Panara Craft LLP sought a 90 day extension to commission its seven point eight megawatt (MW) captive solar power project in Gujarat, citing delays in financing and completion of evacuation infrastructure. The project is divided into two three point nine MW installations in Bharuch district and has faced setbacks in securing grid connectivity. The company said the loan process with the State Bank of India began in March 2024, was sanctioned in November 2024 and disbursement started in February 2025, which slowed execution. The request was considered under GERC Order No. 06 of 2024 and the Gujarat Renewable Energy Policy 2023, which require solar projects ranging from one MW to 100 MW to be commissioned within 12 months of the Technical Feasibility Report. For Panara Craft the deadline was 22 April 2025 but the company argued the delays were beyond its control and should be treated as unavoidable circumstances. Dakshin Gujarat Vij Company Limited and Gujarat Energy Transmission Corporation Limited opposed the extension, asserting developer responsibility and noting that delayed disbursement did not amount to force majeure. GERC examined project progress and observed that key technical activities such as pile drilling, casting and structure mounting had largely been completed. The Commission also referenced its earlier order in Petition No. 2564 of 2025 that extended the timeline for evacuation infrastructure from 12 months to 18 months. The company warned that strict action including cancellation of connectivity or encashment of bank guarantees worth Rs 3.9 million (mn) would inflict serious financial losses. Balancing the circumstances, the Commission granted additional time and directed Panara Craft to complete remaining technical and regulatory work within six months from the date of its order, offering the developer an opportunity to secure grid connectivity without immediate penalties. The decision reflects an attempt to reconcile regulatory timelines with practical financing and infrastructure challenges and signals that prompt coordination remains essential to avoid future enforcement actions.

Next Story
Infrastructure Transport

Government Plans Rs 450 bn Rail Investment Along Borders

The government plans to invest Rs 450 bn to upgrade railways along borders with China, Pakistan and Bangladesh, the press release said. The programme will run over 18 to 24 months and will finance new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several northeastern states. That is about $4.7 bn. Officials indicated the initiative represents nearly 22 per cent of all railway infrastructure outlay planned over the next two years and is among the most significant strategic infrastructure pushes in recent years. The plan extends be..

Next Story
Infrastructure Transport

Indian Railways Approves Daily Express Between Mumbai CSMT And Sawantwadi Road

Indian Railways has approved a new daily express service between Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai, and Sawantwadi Road to boost rail connectivity across Maharashtra and the Konkan region. The service will operate over a 510-km route and will run daily as Train No. 15087 CSMT–Sawantwadi Road Express and Train No. 15088 Sawantwadi Road–CSMT Express. It is intended to provide direct and reliable rail connectivity for passengers travelling for tourism, education, employment and business. The Ministry of Railways said the move forms part of ongoing efforts to expand passenger..

Next Story
Infrastructure Urban

SECR Invites Rs 4550.2 mn EPC Tender For Chhattisgarh Line

South East Central Railway (SECR) has invited bids for an engineering, procurement and construction (EPC) contract worth Rs 4550.2 mn for a section of the Dallirajhara-Rowghat-Jagdalpur New Railway Line in Chhattisgarh. The contract covers a nearly 30 km stretch between Kurkanar and Bhanpuri and forms part of the larger corridor linking the mineral-rich Bastar region with the state rail network. The authority has positioned the package as a key link to improve passenger and freight movement within the region. Tender documents carry tender number CAO-C-BSP-26-27-14 and an earnest money deposit ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement