MNRE Issues Draft Rules for Leasing Offshore Wind Energy
The Ministry of New & Renewable energy in its latest notification has released draft rules for leasing Offshore Wind energy.
The Indian government has issued draft offshore wind energy lease rules for projects that will be developed within India’s Exclusive Economic Zone (EEZ). The proposed areas are to be allocated through international competitive bidding only.
The EEZ is the area of 200 nautical miles from the coast line on the sea bed to generate electrical power in natural sea environment for exploitation of wind energy potential, assessed through various resource assessment/studies/investigations.