The Ministry of Power has revised the Tariff-Based Competitive Bidding (TBCB) guidelines for procurement of power from grid-connected wind-solar hybrid projects, updating the framework originally issued on August 21, 2023 and later revised in November 2023 and February 2024. The amendments aim to bring greater clarity, enhance competition, ensure smoother execution, and support India’s target of 500 GW non-fossil capacity by 2030 as electricity demand is projected to exceed 400 GW by 2030.
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