Centre releases norms for lease of sites for offshore wind projects
₹100,000 per megawatt (MW) for wind energy projects and ₹50,000 per MW for wind transmission projects. This deposit will be returned upon successful project operation and decommissioning.
Additionally, lessees must mark lease boundaries with visible notices and maintain them, subject to central government and stakeholder satisfaction, as per the ministry. The government may also direct norms for turbine spacing, sub-station spacing, and minimum turbine distances from lease boundaries.
Lessee power developers are prohibited from halting normal operations, suspending power exports, abandoning projects, or resuming operations after suspension without a 15-day notice and central government approval. The ministry of new and renewable energy (MNRE) will oversee these leasing rules.
Aiming for 500 GW of renewable energy capacity by 2030, the MNRE hopes to accelerate offshore wind energy development, a sector that has lagged due to high costs. The government's inaugural tender in September for seabed sites off Tamil Nadu's coast marked a significant step.
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