The First Demonstration Offshore Wind Power Project in the country will be set up along the Gujarat coast. A MoU for the 10 MW project has been signed by Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE), and Consortium of partners consisting of National Thermal Power Corporation (NTPC), Power Grid Corporation of India Ltd (PGCIL), Indian Renewable Energy Development Agency (IREDA), Power Finance Corporation (PFC), Power Trading Corporation (PTC), and Gujarat Power Corporation Ltd (GPCL) today in Delhi.
Speaking on the occasion, Shri Piyush Goyal pointed out that Prime Minister Narendra Modi’s message in the US was loud and clear that renewable energy is the way to go, it dovetails world’s concerns about climate change and it clearly enhances India’s energy security. Considering the country’s 7600 km long coastal line, Shri Goyal stated that opportunities for scaling up are humongous. The Minister also suggested for building partnership with Defence, Coast guard and Shipping to ensure seamless and time bound approval process.
The Joint Venture Company will undertake detailed feasibility study based on the inputs received from pre-feasibility studies and necessary steps for implementation of the first offshore demonstration wind power project.
This being a first demonstration offshore wind project in the country will provide enough learning to move into this sector by taking up similar viable projects in future enabling India to enter in the club of countries who are in the business of offshore wind power generation.
Wind power development onshore has reached to commercial stage in India and is fastest growing renewable energy option today. India also has around 7600 KM of coastline which offers great potential for Off-shore wind power development.
National Offshore Wind Energy Policy is on the anvil providing a conducive environment for harnessing offshore wind energy.