Power Ministry revises bidding norms for wind-solar hybrid projects
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…