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Top Developments that Influenced Wind and Hybrid Power Market in 2023

The MNRE issued new bidding guidelines for wind and wind-solar hybrid projects during the year

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After the Wind Energy Purchase Obligation in the Renewable Purchase Obligation rules was introduced, wind installations saw a surge in 2023, adding 2.56 GW of new capacity in the first nine months of 2023, up from 42 GW at the end of 2022.

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