Procedure for Implementation of Uniform Renewable Energy Tariff
The duration of each central pool will be five years, and all capacity for which Power Supply Agreements (PSAs) are signed within this period will become part of the central pool. After the end of five years, no new capacity will be added, but the existing capacity will remain part of the pool until the expiration of their respective agreements.
New “Dispute Avoidance Mechanism” Extended to Power Sector Projects
This extension of the “Dispute Avoidance Mechanism” is expected to have a positive impact on the power sector by promoting efficient dispute resolution, minimizing delays, and ultimately contributing to the successful implementation of power projects under the Ministry of Power’s purview.
Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Solar Hybrid Projects
These guidelines underline the benefits of combining different sources of renewable energy to reduce variability, enhance output, and make better use of transmission infrastructure and land resources.
Strategy for Establishment of Offshore Wind Energy Projects
The policy extends its reach up to a distance of 200 nautical miles from the baseline, covering the country’s Exclusive Economic Zone (EEZ). The Ministry of New & Renewable Energy (MNRE) has been designated as the Nodal Ministry for overseeing the offshore wind power development, while the National Institute of Wind Energy (NIWE) has been entrusted with the role of the Nodal Agency.
Guidelines for Tariff Based Competitive Bidding Process for Procurement Power from Grid Connected Wind Power Projects
These Guidelines are issued for procurement of electricity by the Procurer(s), from grid-connected Wind Power Projects (WPP). They aim to provide for a framework for the inter-state/ intra-state, long-term, sale-purchase of power as a further measure to derisk the sector
Waiver of Inter-State Transmission Charges on transmission of electricity generated from Solar and Wind Energy
According to the present Order, renewable energy projects falling under para 3.1 (i), (ii), and (iii) of the Order dated 23th November, 2021 and in accordance with the Order dated 30th November, 2021 are eligible for the waiver of inter-state transmission charges. These projects, with their scheduled date of commissioning on or before 30th June, 2025, can now benefit from an extension of time granted by the MNRE.
MNRE participates in Global Wind Day Celebrations
The celebration featured in-depth discussions on Wind Energy Progress in India, Offshore Wind development, Strengthening of wind energy manufacturing ecosystem and Green Finance for Wind Energy. The states of Rajasthan, Gujarat and Tamil Nadu were also lauded for their performance in financial year 2022-‘23.
