Author: PPD Team Date: 24/02/2025
The Ministry of Power has amended the tariff-based competitive bidding process for wind-solar hybrid projects to improve project execution and grid integration.
Under the revised guidelines, procurers can specify designated interstate and intrastate transmission system substations where developers must connect their hybrid power projects. The provisions for change in law now align with the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, ensuring financial clarity for developers.
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.