Renewable companies missing project deadlines to be blacklisted

India will exclude renewable power companies from government contracts for between three and five years if they do not meet project completion deadlines, a government order shows, as the country looks to speed up green power projects.

"If any renewable energy project is not completed by the prescribed date of completion, then its bank guarantee should be encashed and the developer blacklisted after asking to show cause," the order issued by the new and renewable energy ministry said. The blacklisting will be for three to five years, the order issued on Wednesday said.

The ministry did not immediately respond to queries sent about the policy.


So far India has not blacklisted any company from renewable energy generation contracts for delays.