Offshore Wind Worldwide 2022 edition - Flipbook - Page 105
Offshore Wind Worldwide 2022
105
2.Must-run Status: The Central Electricity
Regulatory Commission (Indian
Electricity Grid Code) Regulations, 2010
(as amended) prescribes the relevant
Load Despatch Centre shall make all
efforts to ensure evacuation (that is, the
feeding the electricity generated from a
project into the transmission network) of
wind and solar power on a ‘must run’
basis (other than for reasons of grid
security or safety of equipment or
personnel or other such conditions) and if
such backing down occurs, the developer
is required to be compensated.14
5.Measures under Offshore Wind Policy:
The Offshore Wind Policy assures
developers of coordination support from
NIWE for facilitation of approvals.
Further, the policy indicates that all fiscal
and financial benefits available for
onshore wind projects would also extend
to cover offshore wind projects. The policy
also indicates that the Indian Government
may promote bundling of power
generated offshore with conventional
power subject to availability of
unallocated conventional power with a
view on reducing cost of power.15
3.Land Use: From the perspective of any
onshore land requirements, note that
some state policies contain provisions
assuring deemed conversion of land
(which may be agricultural) for
non¬agricultural use upon payment of
conversion charges, if the land being
acquired is for a grid connected renewable
project.
D.Expectations as to future
developments in the market
until 2030 and beyond
While the offshore wind sector is currently at
a nascent stage in India, the potential for
development of offshore wind in India is
substantial. With appropriate policy
interventions, particularly those geared
towards correct site identification,
mechanism for cost reduction, provision of
single window clearance for required
regulatory permits and appropriate
mitigation for off-taker risks, the long-term
target of the Indian Government of 30 GW
by 2030 in offshore wind can indeed be
achieved.
4.Renewable Purchase Obligation: State
Electricity Regulatory Commissions
(SERCs) across states have introduced
regulations imposing requirement on
distribution licensees to mandatorily
offtake a specified percentage of total
power from renewable sources.
14 Ministry of Power, Government of India, Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid
Connected Wind Power Projects (8 December 2017).
15 Supra note 9.