India: Comments Invited On Draft Guidelines For Procurement Of Wind Power Through Bidding

11 April, 2017:With India presently having a wind power installed capacity of around 32GW, the Ministry of New and Renewable Energy ("MNRE") has invited comments on the draft guidelines for procurement of wind power through bidding. The draft guidelines have been formulated to promote competition and transparency through the process of bidding as required in terms of section 63 of the Electricity Act, 2003. The draft guidelines identifies the participants in the bidding process and outlines the pre-bid and post-bid activities and documentation to be fulfilled while undertaking the bidding process.