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ARTICLE · 05 FEBRUARY 2024

Regulatory Updates: Clean Energy (November And December 2023)

S&R Associates
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This is the fourth issue of our quarterly roundup series on clean energy, covering the months of November and December 2023.

IndiaEnergy and Natural Resources
Deborshi Barat
Deborshi Barat
Pradhumna Mohan Dixit
Pradhumna Mohan Dixit

NOVEMBER 2023

Renewable Energy

Central Government

MoP Amends the Guidelines for Tariff Based Competitive Bidding Process for Power Procurement from Grid Connected Wind Power Projects

Pursuant to a resolution dated November 17, 2023, the MoP amended the guidelines related to the tariff-based competitive bidding process for the procurement of power from grid-connected wind power projects ("Wind Energy Bidding Guidelines"). The amendment substituted clause 14.4 of the Wind Energy Bidding Guidelines to enable wind energy generators to sell a part or full capacity of their renewable power even before the scheduled commercial operation date of a project, by giving 15 days' advance notice to end procurers and intermediary procurers, including by notifying them about the advance commissioning of such project. Accordingly, wind energy generators can sell such power (i) to end procurers and intermediary procurers, with a priority given to end procurers, at a price

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This insight/article is intended only as a general discussion of issues and is not intended for any solicitation of work. It should not be regarded as legal advice and no legal or business decision should be based on its content.

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