CERC Framework Offers Lifeline To Malwa-Nimar Green Projects In Indore
For developers, grid connectivity is a critical asset. Losing an approved connection due to delays can affect project viability and force them to undergo lengthy procedures for fresh connectivity. Under the CERC framework, delays in land acquisition and financial closure will attract compensation of Rs 1,000 per MW per day, while delays in achieving COD will attract Rs 3,000 per MW per day.