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MNRE calls for 'Expression of Interest' for first offshore wind energy project of 1000 MW capacity

Capital Market 

The (NIWE) an autonomous body under the and (MNRE) has called for 'Expression of Interest' (EoI) for the first offshore project of The global EoI is intended to shortlist prospective offshore developers for a 1000 MW in Gulf of Khambat, off the coast of The proposed area is located 23-40 km seaward side from MNRE plans to install at least 5 GW of offshore wind capacity by 2022.

As per the National Offshore Wind Energy Policy notified on October, 2015, (NIWE), is the nodal agency to carry out the necessary studies/surveys before final bidding and act as a single window for facilitating necessary clearances required for development of offshore wind project in

The first offshore LiDAR was installed in in for measurement of wind resource and NIWE is collecting wind speed data from November, 2017 onwards. Areas off the coasts of and are two identified areas for development of The second LiDAR would be installed off coast by September, 2018. In addition NIWE is planning to set up few more LiDARs for assessment of offshore wind resources.

Besides necessary Geo-Technical and Geo-Physical studies off the coast of Gujarat and are underway.

At global level, it has been observed that, offshore wind energy while being better than onshore wind in terms of efficiency is also becoming competitive and comparable in terms of tariffs. With a in India, the EoI is expected to evince keen interest from leading players of offshore wind turbine manufacturers and developers. Indian industry can also participate along with suitable tie up with global players.

With the announcement of this first offshore wind energy project, the Government is attempting to develop this sector in and envisages to replicate similar success as on-shore sector. This would help the country towards attaining and achievement of Plan for Climate Change (NAPCC) targets.

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

First Published: Fri, April 13 2018. 16:41 IST
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