Govt notifies rules for leasing of seabed to offshore wind power developers

The Ministry of External Affairs (MEA) on Monday notified rules for leasing the sea bed for offshore wind power projects with the lease being valid for 3 years for resource measurement, which can be further extended by an additional period for two years.For the construction and operation of offshore wind energy farms, the lease period will be for 35 years, which can be extended further on a case-to-case basis.

      The notification, published in the official gazette on Tuesday, mandates that no person or entity shall install offshore wind energy projects or offshore transmission projects, except under a Lease granted under these rules.

      For the construction and operation of offshore wind energy farms, the lease period will be for 35 years, which can be extended further on a case-to-case basis.

      The Ministry of External Affairs (MEA) on Monday notified rules for leasing the sea bed for offshore wind power projects with the lease being valid for 3 years for resource measurement, which can be further extended by an additional period for two years.