Wind Energy — Policy Changes

Entry	Year	Description	Impact
Electricity (Amendment) Bill, 2021 (Proposed)	2021	Proposed amendments to the Electricity Act, 2003, aimed at further liberalizing the power sector, ensuring financial viability of discoms, and promoting renewable energy. Key provisions included strengthening RPO enforcement and introducing a 'carbon credit' trading mechanism.	If enacted, this bill would significantly impact renewable energy, including wind, by creating a more competitive market, ensuring better payment security for generators, and potentially increasing demand for green power through stricter RPO compliance and market-based incentives for decarbonization.
National Tariff Policy (Amendment), 2016	2016	Mandated that RPOs for solar and non-solar (including wind) be specified for a minimum of five years and increased progressively. It also introduced provisions for renewable energy certificates (RECs) and emphasized grid stability.	This amendment provided greater certainty for renewable energy developers by ensuring long-term RPO trajectories, encouraging investment. It also strengthened the REC market, allowing states with less renewable potential to meet their obligations by purchasing certificates from states with surplus generation, thereby promoting a national renewable energy market.

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