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Government declares national targets for off-shore wind power

Capital Market 

The Ministry of New & Renewable recently invited Expressions of Interest (EoI) for the first 1 GW offshore wind project in India, which has evoked keen response from the industry both global and Indian. Now to give confidence to the wind industry, the Ministry has declared medium and long term target for off-shore capacity additions, which are 5 GW by 2022 and 30 GW by 2030. While this may look moderate in comparison to India's on-shore wind target of 60 GW and its achievement of 34 GW and solar target of 100 GW by 2022, this would still be challenging considering the difficulties in installing large turbines in open seas. It may be mentioned that offshore wind turbines are of much larger dimensions and capacities than onshore turbines.

would add a new element to the already existing basket of renewable for the country.

The Ministry of New & Renewable had notified National Off-Shore Wind Policy in October 2015 to realize the potential in the country.

Preliminary studies have indicated good wind potential for off-shore wind power both in southern tip of and Two regions where preliminary studies are conducted are off coast of and that of For precise wind quality measurements one LiDAR has been installed near coast which is generating data about quality of off-shore wind since November, 2017. Encouraged by quality of off-shore wind, a has also installed LiDAR in in for offshore wind resource measurements. Plans are afoot to install more of such equipment in and Gujarat. Surveys to understand the oceanographic and sea bed condition within identified zones off the coast of Gujarat and have been planned. Globally there has been installation of about 17 to 18 GW of off-shore wind power led by countries such as UK, Germany, Denmark, & Recent years have witnessed fall in off-shore wind tariff in some of these markets.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 20 2018. 09:21 IST
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