Current Affairs - Important Days - Discussion

The Ministry of New and Renewable Energy extended the completion deadline for certain PM-KUSUM projects to March 31, 2027. This decision was taken due to difficulties faced in achieving financial closure, mainly because of limited lending by banks and financial institutions. The revised deadline applies to projects where Power Purchase Agreements or Notices to Proceed were issued on or before December 31, 2025. The extension ensures that ongoing projects receive adequate time for completion and aligns them with future developments under the upcoming PM-KUSUM 2.0 framework.