Introduction: MNRE Wind Solar Hybrid Policy
India’s renewable energy roadmap strongly depends on hybrid power generation. Therefore, the MNRE Wind Solar Hybrid Policy plays a vital role in combining wind and solar resources efficiently.
This policy enables grid connected wind solar hybrid projects to deliver stable power, reduce variability, and improve land use. As a result, developers, investors, and industries are showing strong interest in hybrid power plants.
However, despite high potential, policy compliance, bidding rules, tariff structuring, and subsidy access remain complex. That is where Finraja Consultancy Private Limited provides structured, professional support.
What Is MNRE Wind Solar Hybrid Policy?
The MNRE Wind Solar Hybrid Policy is issued by the Ministry of New and Renewable Energy to promote combined wind and solar power projects under a single grid connection.
Key Objectives:
- Improve renewable energy reliability
- Optimize land and transmission infrastructure
- Reduce overall power generation cost
- Encourage private and institutional investment
Most importantly, the policy supports tariff-based competitive bidding and enables projects to qualify for MNRE-linked financial incentives when structured correctly.
Grid Connected Wind Solar Hybrid Projects Explained
Under this policy, grid connected wind solar hybrid projects operate through a common evacuation system. Therefore, power from both wind and solar sources is injected into the grid seamlessly.
Key Technical Conditions:
- Minimum renewable capacity criteria
- Common grid interconnection
- Centralized monitoring system
- Compliance with MNRE technical standards
Because these conditions are policy-driven, professional consultancy is essential to avoid rejection or delays.
MNRE Wind Solar Hybrid Subsidy
Although MNRE does not offer blanket subsidies like state capital grants, MNRE Wind Solar Hybrid Subsidy benefits are available through:
- Viability-based incentives
- Preferential tariff mechanisms
- Government-backed bidding frameworks
- Priority grid connectivity
Finraja Consultancy ensures subsidy alignment at the planning stage, not after mistakes occur.
Wind Solar Hybrid Project Cost in India
Typical Project Cost Structure
|
Cost Component |
Approximate Share (%) |
|
Wind Turbines |
40–45% |
|
Solar Modules & Inverters |
25–30% |
|
Land & Infrastructure |
8–10% |
|
Grid Connectivity |
5–7% |
|
Engineering & Compliance |
5–6% |
|
Contingency & Others |
5–6% |
Average Wind Solar Hybrid Project Cost India ₹5.5–6.8 crore per MW, depending on location and capacity mix.
Proper cost structuring is critical for tariff viability and lender approval.
Wind Solar Hybrid Power Tariff in India
The Wind Solar Hybrid Power Tariff India is primarily discovered through MNRE tariff-based competitive bidding.
Tariff Range:
- ₹2.90 – ₹3.60 per unit (varies by tender & location)
Tariff success depends on:
- Accurate CAPEX estimation
- Debt-equity structuring
- Capacity utilization factor (CUF)
- Long-term O&M planning
MNRE Wind Solar Hybrid Bidding Process
The MNRE Wind Solar Hybrid Bidding Process is documentation-intensive and time-bound.
Key Consultancy-Managed Stages:
- Policy eligibility verification
- Financial bid modelling
- Tariff sensitivity analysis
- MNRE compliance documentation
- Tender submission & clarification support
Wind Solar Hybrid Scheme – Financial Assessment
|
Financial Parameter |
MNRE-Aligned Benchmark |
|---|---|
| Project Capacity | 50 MW – 300 MW (typical) |
| Capital Cost (CAPEX) | ₹5.5 – ₹6.8 crore per MW |
| Debt–Equity Ratio | 70:30 |
| Wind CUF | 28% – 35% |
| Solar CUF | 18% – 22% |
| Combined CUF (Hybrid) | 40% – 48% |
| Power Tariff Range | ₹2.90 – ₹3.60 per unit |
| Annual Revenue (per MW) | ₹1.10 – ₹1.35 crore |
| Operating Cost (O&M) | 1.5% – 2.0% of CAPEX |
| Project IRR | 13% – 17% |
| Equity IRR | 16% – 20% |
| Payback Period | 6 – 8 years |
| DSCR (Average) | 1.25 – 1.40 |
| Subsidy / Incentive Impact | Indirect financial support |
Financial Assessment of Wind Solar Hybrid Projects
Financial Viability
|
Financial Parameter |
Typical Range |
|
Project IRR |
13% – 17% |
|
Equity IRR |
16% – 20% |
|
Payback Period |
6–8 years |
|
CUF (Combined) |
40% – 48% |
|
Debt Coverage Ratio |
1.25 – 1.40 |
Wind Solar Hybrid Project ROI Analysis
- Stable revenue due to hybrid generation
- Lower grid downtime
- Better bankability than standalone projects
Therefore, wind solar hybrid project financial viability remains strong when structured professionally.
MNRE Hybrid Power Project Subsidy & Financial Support
While direct capital subsidies are limited, MNRE Hybrid Power Project Subsidy advantages include:
- Central government tender backing
- Reduced off-take risk
- Priority scheduling
- Easier financial closure
Finraja Consultancy aligns projects with central and state incentive layering, wherever applicable.
Wind Solar Hybrid Project Eligibility Criteria
To qualify under the MNRE framework, projects must satisfy:
- Minimum renewable capacity norms
- Grid compliance standards
- Approved technology configurations
- Financial capability requirements
Wind Solar Hybrid Project Consultancy India
Finraja Consultancy works only as a professional subsidy and policy consultancy, ensuring:
- Zero DIY risk
- End-to-end MNRE compliance
- Financial modelling for bidding success
- Subsidy and incentive alignment
- Lender-ready project documentation
Conclusion: MNRE Wind Solar Hybrid Policy
The MNRE Wind Solar Hybrid Policy offers strong financial and strategic opportunities. However, success depends on correct structuring, bidding accuracy, and subsidy alignment.
Therefore, developers and investors should partner with Finraja Consultancy Private Limited to ensure:
- Compliance without risk
- Financial viability
- Faster approvals
- Long-term profitability
Call us now: +91 9373114747 or visit finraja.com/contact for quick assistance.
