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October 29,2024

Ministry of Power Updates TBCB Guidelines for procurement of power for Grid Connected Renewable Energy Projects

The Ministry of Power's draft amendments to the Tariff-Based Competitive Bidding process aims to improve procurement from Grid-Connected Renewable Energy Projects (i.e. Solar Power, Wind Power, Hybrid Power, Firm and Dispatchable Power, & Energy Storage). Key changes include the introduction of 'Dispatchable Power,' emphasizing Energy Storage Systems.

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