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IWTMA welcomes new regulations on repowering policy

By Niranjan Mudholkar,

Added 09 August 2016

Feels that the concessional interest rate offered by IREDA will help boost investment in the wind energy sector

In case of power being procured by the State Discoms through PPA, the power generated corresponding to average of last three years generation prior to repowering would continue to be procured on the terms of PPA in-force and remaining additional generation would either be purchased by Discoms at Feed in Tariff (FIT) applicable in the State at the time of commissioning of the repowering project and/or allowed for third party sale, the policy further stated.

Most of the wind-turbines installed up to the year 2000 are of capacity below 500 kW and are at sites having high wind energy potential. It is estimated that over 3000 MW capacity installation are from wind turbines of around 500 kW or below. In order to optimally utilise the wind energy resources repowering is required and hence the objective of the Repowering Policy is to promote optimum utilisation of wind energy resources by creating facilitative framework for repowering, according to the MNRE.
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