Wind Energy — Tech Evolutions

Entry	Year	Description	Impact
Electricity (Amendment) Bill, 2022 (Proposed)	2022	This proposed bill aims to further liberalize the power sector, promote competition, and strengthen the regulatory framework. Key provisions include facilitating multiple distribution licensees in the same area, strengthening the powers of regulatory commissions, and ensuring timely payment to generators. It also emphasizes the promotion of renewable energy and the enforcement of RPOs.	If enacted, it could significantly impact wind energy by creating a more competitive market, potentially driving down costs further, and ensuring better enforcement of RPOs, thereby boosting demand. The focus on grid stability and payment security would also benefit wind power developers.
National Tariff Policy, 2016 (Amendment)	2016	The National Tariff Policy was amended to mandate competitive bidding for renewable energy projects, including wind, beyond a certain capacity. It also emphasized the need for a robust renewable energy purchase obligation (RPO) framework and the development of adequate transmission infrastructure.	This amendment shifted the procurement mechanism from feed-in tariffs to competitive bidding, leading to a significant reduction in wind power tariffs and making it more economically viable for DISCOMs. It also streamlined the process for large-scale project development and grid integration.