Union Minister for Power and New & Renewable Energy, Shri R.K Singh, today held a
meeting on transmission planning for offshore wind energy projects in India. Secretary,
Power and Secretary, Ministry of New & Renewable Energy were also present on the
occasion.
In the meeting, transmission and evacuation infrastructure required for offshore wind
projects of total capacity 10 GW off the coasts of Gujarat and Tamil Nadu, was discussed.
A presentation on this was made to Honorable Minister (NRE) by the Central
Transmission Utility (CTU).
After a detailed review, it was decided, to bid out offshore wind energy blocks as per
the following trajectory:
Bids equivalent to a project capacity of 4.0 GW per year for a period of three years
starting with the current FY 22-23 for development off the coast of Tamil Nadu
and Gujarat for sale of power through open access/ captive / bi-lateral third party
sale / merchant sale
Subsequently a project capacity of 5 GW will be bid out every year for a period of
five years i.e. up till FY 29-30.
The project capacity of 8 GW bid out in the first two years beginning FY 22-23 will also
be able to avail of the benefits of green attributes like carbon credits.
The bidding for the first 12 GW will be conducted on a single stage two envelope model
wherein the bidders will be evaluated based on their techno-commercial capabilities
and only the technically qualified bidders will proceed to financial evaluation. The
financial evaluation will be based on quoted lease fee per sq km of sea bed area. The
bidder offering the highest lease fee per sq km of sea bed area would be declared as the
winner for allocation of the project.
