The Ministry of Power (MoP) has amended the tariff based competitive bidding process for wind solar hybrid projects to enhance project implementation and grid integration.
The revised guidelines allow procurers to specify designated inter state transmission system and intra state transmission system substations where developers must connect their hybrid power projects. The provisions for change in law will now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for developers. Additionally, to enforce compliance with the minimum capacity utilisation factor (CUF), generators failing to meet the required CUF for two consecutive years will face penalties equivalent to 24 months’ tariff, or the power purchase agreement may be terminated.