.. Mnre Defines Lockdown Period For Relief To Companies
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02 Jul 2020

Summary

  • The ministry of new and renewable energy has set March 25 to May 31 as the official dates for the lockdown and will grant project deadline extensions to cover the 68-day period and an additional 30 days to help developers overcome the disruption.

  • However, developers said they need more leeway to get projects back on track because some states have extended lockdowns for varying periods and labour is hard to come by.

  • The ministry said on April 17 that it would regard the lockdown as a force majeure and grant an extension for the lockdown period and an additional 30 days after the curbs were lifted to help companies resume activities. T......

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