E-MAIL FOR SPONSORSHIP

Daily News Wrap-Up: New Bidding Guidelines for Wind-Solar Hybrid Projects

Uniform land acquisition policy key to meet clean energy goals

August 23, 2023

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


After wind and solar, the Ministry of Power has now introduced new guidelines for tariff-based competitive bidding for grid-connected wind-solar hybrid power projects, aiming for transparency, fair procurement, and competitive prices. The revised guidelines encompass revised bid capacity limits, altered timelines, regulations on power procurement, and penalties for delays. These changes aim to stabilize and mitigate risks within the renewable energy sector by establishing a structured framework for long-term hybrid power transactions.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

Unlimited article access
Exclusive market insights
Premium research reports
Ad-free reading experience
Loading subscription plans...

Comments

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS