MNRE Scheme for setting up of 1000 MW CTU-connected Wind Power Projects
The Ministry of New and Renewable Energy recently sanctioned the scheme for setting up of 1000MW CTU- connected Wind Power Projects by Wind Project Developers on build, own and operate basis. However, the capacity may go higher than 1000 MW, if there is higher demand from Discoms of non-windy States.
The Government of India has set an ambitious target of target of achieving 175 GW power capacity from renewable energy resources by 2022 and out of this 60 GW to come from wind power.
In order to facilitate transmission of wind power from these windy States to non-windy States provisions have been made in the Tariff Policy to waive the inter-state transmission charges and losses for wind power projects.
Some of the important highlights are:
- The selection of wind power projects under the Scheme will be through a transparent e-bidding process followed by e-reverse auction for eligible bidders for procurement of wind power at tariff discovered through open competitive bidding process. SECI will develop guidelines for e-bidding process.
- MNRE will play an important role by issuing Guidelines for transparent bidding process for implementation of the Scheme.
- SECI will develop a suitable mechanism for monitoring the performance of the projects and will act as the nodal agency for implementation of this Scheme.
- The objective of the scheme includes:
- To facilitate supply of wind power to the non-windy states at a price discovered through transparent bidding process;
- To encourage competitiveness through scaling up of project sizes and introduction of efficient and transparent e-bidding and e-auctioning processes
- To facilitate fulfillment of Non Solar Renewable Purchase Obligation (RPO) requirement of non-windy states.
The full article can be accessed here.