Offshore Wind Energy Lease Rules, 2023

The Offshore Wind Energy Lease Rules, 2023, aim to facilitate the growth of renewable energy while ensuring environmental sustainability and national security. The regulatory framework provides a roadmap for the development and operation of offshore wind projects.

National Repowering & Life Extension Policy for Wind Power Projects – 2023

This policy seeks to permit repowering or replacement of older generation turbines. These turbines will be replaced with newer generation turbines that are more efficient. Moreover, they also contemplate the refurbishment of wind turbines for life extension beyond design life. This shall be subject to safety and performance assessment.

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.

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.

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.