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Date: 02-Feb-2024 Category: Extra Ordinary State: Union Government Country: India

Amendment to the Guidelines for Tariff Based Competitive Bidding Process for Procurement Power from Grid Connected Wind Power Projects

Issued by Ministry of Power · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces an amendment to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects.
  • The amendment specifically relates to Clause 14.5 of the existing guidelines, which deals with delays in the commencement of power supply.

Key Changes

  • Clause 14.5 (b)(ii) of the existing guidelines, pertaining to delays in the commencement of power supply from grid-connected wind power projects, has been deleted.
  • The original guidelines were notified on July 26, 2023, via Resolution No. 27/02/2023-RCM.

Impact Analysis

Wind Power Project Developers

  • Action Item: Legal teams should analyze the revised guidelines and update project agreements accordingly.

Power Procurers (Discoms)

  • Action Item: Review existing PPAs and bidding documents to ensure alignment with the amended guidelines.

Investors/Financiers

  • Action Item: Update due diligence processes to reflect the changes in the regulatory landscape.

Regulatory Bodies

  • Action Item: Issue clarifications or additional guidance as needed to address any ambiguities arising from the deletion of Clause 14.5 (b)(ii).

Key Entities Referenced

Ministry of Power: The central government ministry responsible for the power sector in India. It issued the gazette notification and is responsible for the amendment to the guidelines. Grid Connected Wind Power Projects: Wind power projects that are connected to the electricity grid. Resolution No. 27/02/2023-RCM: The original resolution that notified the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects on July 26, 2023.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-02022024-251732 xxxGIDExxx CG-DL-E-02022024-251732 असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 23] नई दिल्ली, िुििार, फरिरी 2, 2024/माध 13, 1945 No. 23] NEW DELHI, FRIDAY, FEBRUARY 2, 2024/MAGHA 13, 1945 जिद्यतु मत्रं ालय संकल्प नई दिल्ली, 2 फरिरी, 2024 जिड कनक्े टेड पिन जिद्यतु पररयोिनाओं स े जिद्यतु की खरीि के जलए टैररफ आधाररत प्रजतस्ट्पधी बोली प्रदिया के दििाजनिेिों म ेंसिं ोधन स.ं 48-19/2/2024-एनआरई.—जिड कनेक्टेड पिन जिद्युत पररयोिनाओं स े जिद्युत की खरीि के जलए टैररफ आधाररत प्रजतस्ट्पधी बोली प्रदिया के दििाजनिेिों को दिनांक 26 िुलाई, 2023 को भारत के रािपत्र (असाधारण) (भाग 1 - खंड 1) में प्रकाजित संकल्प संख्या 27/02/2023-आरसीएम के माध्यम से अजधसूजित दकया गया ह।ै 2. केंद्र सरकार एतद्द्वारा दिनांक 26 िुलाई, 2023 के उक्त दििाजनिेिों में जनम्नजलजखत संिोधन को अजधसूजित करती ह:ै मौिूिा दििाजनिेिों के खडं 14.5 को जनम्नानुसार संिोजधत दकया गया ह:ै- खडं 14.5: जिद्यतु की आपर्ू त िकी िरूु आत म ें जिलबं : खंड 14.5 (ख) (ii) हटा दिया गया माना िाए। हमे ंत कुमार पाण् डेय, मुख्य अजभयंता (आर एंड आर) 677 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] MINISTRY OF POWER RESOLUTION New Delhi, the 2nd February, 2024 Amendment to the Guidelines for Tariff Based Competitive Bidding Process for Procurement Power from Grid Connected Wind Power Projects No. 48-19/2/2024-NRE.—The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects have been notified vide Resolution No.27/02/2023-RCM published in the Gazette of India (Extraordinary) (Part1 - Section 1) on 26th July 2023. 2. The Central Government hereby notifies the following amendment in the said guidelines dated 26th July, 2023:- Clause 14.5 of the existing guidelines is modified as follows: - Clause 14.5. Delay incommencement of supply of power: Clause 14.5 (b)(ii) shall stand deleted. HEMANT KUMAR PANDEY, Chief Engineer (R&R) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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