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MNRE Amends Offshore Wind Energy Lease Regulations Significa

October 01,2024

MNRE Amends Offshore Wind Energy Lease Regulations Significantly

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MNRE amended Offshore Wind Energy lease rules, allowing leases for up to 35 years, extendable based on viability & safety. The updated definition clarifies leasing rights over seabeds within territorial waters and the Exclusive Economic Zone. New regulations streamline the leasing process, requiring approvals from various Govt.

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