India extends PM KUSUM solar project deadline to March 2027

Commissioning window extended for eligible projects

Change
India extended the commissioning deadline to March 31, 2027 for PM KUSUM solar projects with agreements signed on or before December 31, 2025.
Why it matters
Developers must secure financing and lender approvals within the extended timeline, addressing prior funding constraints that delayed execution.
Implications
  • Developers gain time to complete projects — execution risk reduced
  • Financing must still be secured — dependency on lenders remains

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