The Ministry of New & Renewable Energy (MNRE) has rolled out new regulations to strengthen India’s wind turbine sector with a focus on domestic manufacturing and on-shore data governance.
🔧 Key Provisions:
- Competitive bidding brought down tariffs to a new low of â‚ą3.13 per unit for solar-plus-storage projects with four-hour discharge capacity.
- This marks a significant drop from â‚ą3.32 per unit recorded in earlier tenders with similar storage durations
🛡️ Data & R&D Localization:
- All operational turbine data must be stored within India, and real-time data transfers abroad are blocked.
- Companies must establish operational control centers and R&D labs in India within one year of the norm’s issuance
đź“Ś Strategic Rationale:
- With India’s wind manufacturing capacity now at 20 GW annually, the move is intended to bolster the nation’s domestic wind equipment ecosystem while aligning with the target of 500 GW of non-fossil fuel capacity by 2030.
- Companies like Suzlon Energy, Inox Wind, and Adani Wind are expected to gain, while international players such as China’s Envision Group may face operational constraints.
- The new norms include exemptions for ongoing or near-term projects—capped at 800 MW over two years—but require quarterly progress updates.
đź“‹ At a Glance
Policy Element | Key Details |
Industrial Sourcing Mandate | Approved components must be Indian-sourced |
Compliance Oversight | MNRE technical inspection team to audit facilities |
Data & R&D Localization | Data storage and control centers must be in India |
Industry Support | Boost to Suzlon, Inox Wind, Adani Wind among others |
Exemptions | Ongoing projects up to 800 MW, with regular reporting |
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âś… Bottom Line
These stringent norms reinforce India’s ambition to develop a self-reliant wind energy industry and secure its energy data ecosystem, though they may challenge manufacturers relying on global component suppliers.
SOURCE : REUTERS
