A view of power-generating windmill turbines at a wind park of Adani Green Energy at Ahmedabad-Narayan Sarovar state highway near Nakhatrana village in the western state of Gujarat, India, November 29, 2024. REUTERS
NEW DELHI, April 2 (Reuters) – India’s wind and solar generators will face higher penalties from April 2027, a year later than planned, when they provide either more or less electricity than they are scheduled to supply to the grid, an order by the country’s power regulator says.
Here are some details:
- The “deviation charges” apply when differences in generation compared with the scheduled supply force grid operators to curb power generated from other plants to stabilise the system.
- The new regulations aim to gradually narrow the gap between the amount of electricity producers commit to supply and what they supply in reality, the order dated March 31 showed.
- Wind and solar generators already face deviation charges, but the new order will increase them under a complex calculation.
- Industry groups had said stricter regulations could lead to revenue loss and limit investor interest in India’s clean energy sector.
- India aims to build 500 gigawatts of renewable energy capacity by 2030.
- The government initially said the penalties for missing grid supply would take effect from April 2026, but they have been delayed by a year after the clean energy ministry asked the regulator to review industry concerns.
Reporting by Sethuraman NR; editing by Barbara Lewis
