Tamil Nadu Sets Rs.5 Mn/MW Fee on Central Grid Wind Projects

21 Aug 2024 CW Team

Tamil Nadu has announced a new fee structure for wind energy projects connected to the central grid, imposing a charge of ?5 million per megawatt (MW). This move aims to prioritise and boost the state?s local renewable energy initiatives.

The fee is designed to encourage developers to focus on state-specific wind projects rather than large-scale central grid projects. By imposing this fee, Tamil Nadu seeks to align with its ambitious renewable energy targets and support local economic growth.

The state government expects this measure to incentivize investment in local wind energy projects, potentially enhancing the state?s energy self-sufficiency and creating job opportunities. The revenue generated from this fee will be utilised to fund various energy infrastructure projects and support the state's overall green energy goals.

This policy reflects Tamil Nadu's commitment to advancing its renewable energy sector and achieving a more sustainable energy future. The move is expected to foster a more localised approach to wind energy development and contribute to the state's long-term energy strategy.

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