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Renewable energy developers get one-time exit for unused grid connectivity

Source: Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com

This move aims to free up grid capacity for projects ready for commissioning. The regulator estimates 15.7 GW of connectivity could be released through this initiative. Developers retaining connectivity without a PPA must furnish a bank guarantee and commission projects within 24 months.

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