MEA notifies Offshore Wind Energy Lease Rules, 2023

The Ministry of External Affairs has notified the Offshore Wind Energy Lease Rules, 2023. With regard to grant of lease, the central government has the option to grant leases for offshore areas located within the exclusive economic zone for projects related to offshore wind energy and offshore wind transmission. The Ministry of New and Renewable Energy (MNRE) will designate the offshore region for the lease through an evaluation of wind resource and subsequent marine spatial planning. The party leasing the area must engage in an agreement with the MNRE for the lease grant and the establishment of wind energy capacity, in accordance with the guidelines provided by the government of India. The specific area under the lease will be defined, and the lease itself will remain valid for three years, allowing for resource measurement and related study or survey activities.