MNRE issues a clarification on FiT for solar and wind projects

The Ministry of New and Renewable Energy (MNRE) has issued a clarification for procuring power from small solar and wind power projects through feed-in tariff (FiT) determined by the respective state electricity regulatory commissions. The FiT mechanism is expected to apply to solar projects with capacities less than 5 MW and wind projects with capacities below 25 MW. This announcement follows the Ministry of Power’s final competitive bidding guidelines for wind projects. However, additional details on the clarification are awaited.

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