It's challenge to meet tariffs for wind power in India: Engie MD

Discoms not looking at signing agreement for procuring power at such high tariffs, says senior executive of French utility's unit

Amit Jain, managing director of Engie India, a unit of the Euros 57.9 billion-in-revenue French utility, spoke to 'Business Standard'. The company is looking at India as a market for offshore wind energy but it’s not clear what kind of model will come up, he said. The interview is edited for clarity and space.

What has Engie accomplished this year in the renewable space? What are your plans for India?

We have a portfolio of about 1.1 GW of operational assets in solar and about 250MW of wind--so a portfolio of about 1.4 GW. This year we won a project