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Wind Solar Hybrid policy to optimize utilization of project Infrastructure with reduced Tariff

<p><span style="font-size:11.0pt">MNRE in May 2018 has approved National Wind-Solar Hybrid policy with an objective to optimize use of infrastructure and generation. Wind and Solar are complementary in respect to generation. The hybrid projects would lead to saving in capital cost and optimal utilisation of common infrastructure such as land, approach roads and evacuation infrastructure. Hybridization of solar and wind assets would reduce the capital cost of project thus improving return of developers. It is appraised that tariff realized from such projects would be at lower end.</span></p> <p><span style="font-family:calibri,sans-serif; font-size:11pt">SECI has issued a tender for procuring 2500 MW of power from hybrid plants connected to inter-state transmission system (ISTS), under a 25-year power purchase agreement. Despite other benefits of hybrid projects, these projects may face challenges like selection of suitable site for both wind and solar, availability of adequate infrastructure facilities, technical challenges for integration and setting up systems to manage the generation from wind and solar resources</span></p>