India RE Navigator
Ministry of New and Renewable Energy has announced a plan to accelerate wind power capacity addition in the country.
| Target | Auction of 8 GW every year from 2023 to 2030 subject to a maximum 2 GW every year in any state – bids to be called on a state-specific basis |
| Bidding process | Single stage process with separate technical and financial components for each state |
| Tariff pooling | Offtakers to pay weighted average tariff discovered across all states |
| Incentives | Trading margin rebate of INR 0.02/ kWh for states confirming offtake requirement in advance of bidding process |
| Penalties for commissioning delay | 12 months: PBG encashment on a pro rata basis |
| 18 months: bidder debarment for 5 years |
Expired
Draft
