Cabinet Approves Offshore Wind Projects
POWER & RENEWABLE ENERGY

Cabinet Approves Offshore Wind Projects

The Indian government has given the green light for two significant offshore wind energy projects, totaling 1 GW, in Gujarat and Tamil Nadu. The Union Cabinet's approval aligns with India's renewable energy goals, aiming to enhance the country's wind energy capacity, reduce carbon emissions, and promote sustainable energy development. The initiative is part of India's broader strategy to transition to renewable energy sources, leveraging its vast coastline for offshore wind potential.

The Ministry of New and Renewable Energy (MNRE) will oversee the projects, which are expected to attract substantial investments from both domestic and international players. The projects will utilize advanced wind turbine technology, ensuring high efficiency and reliability. The development of these offshore wind farms is projected to create numerous job opportunities, boost the local economy, and contribute significantly to the national grid's capacity.

Gujarat and Tamil Nadu were selected for these projects due to their favorable wind conditions, extensive coastlines, and existing infrastructure to support offshore wind energy development. The projects are also in line with the government's commitment to achieve 30 GW of offshore wind energy capacity by 2030. The approval of these projects marks a crucial step towards diversifying India's energy mix, reducing dependence on fossil fuels, and meeting international climate commitments.

The offshore wind projects will involve significant infrastructure development, including the construction of substations, transmission lines, and related facilities. Environmental impact assessments and community consultations will be conducted to ensure sustainable and inclusive development. The projects will also pave the way for future offshore wind developments in India, setting a precedent for large-scale renewable energy projects in the country.

In summary, the approval of 1 GW offshore wind energy projects in Gujarat and Tamil Nadu represents a major milestone in India's renewable energy journey. These projects will not only enhance the country's wind energy capacity but also contribute to economic growth, job creation, and environmental sustainability. The government's commitment to renewable energy is evident in these initiatives, which will play a pivotal role in India's transition to a cleaner and greener energy future.

The Indian government has given the green light for two significant offshore wind energy projects, totaling 1 GW, in Gujarat and Tamil Nadu. The Union Cabinet's approval aligns with India's renewable energy goals, aiming to enhance the country's wind energy capacity, reduce carbon emissions, and promote sustainable energy development. The initiative is part of India's broader strategy to transition to renewable energy sources, leveraging its vast coastline for offshore wind potential. The Ministry of New and Renewable Energy (MNRE) will oversee the projects, which are expected to attract substantial investments from both domestic and international players. The projects will utilize advanced wind turbine technology, ensuring high efficiency and reliability. The development of these offshore wind farms is projected to create numerous job opportunities, boost the local economy, and contribute significantly to the national grid's capacity. Gujarat and Tamil Nadu were selected for these projects due to their favorable wind conditions, extensive coastlines, and existing infrastructure to support offshore wind energy development. The projects are also in line with the government's commitment to achieve 30 GW of offshore wind energy capacity by 2030. The approval of these projects marks a crucial step towards diversifying India's energy mix, reducing dependence on fossil fuels, and meeting international climate commitments. The offshore wind projects will involve significant infrastructure development, including the construction of substations, transmission lines, and related facilities. Environmental impact assessments and community consultations will be conducted to ensure sustainable and inclusive development. The projects will also pave the way for future offshore wind developments in India, setting a precedent for large-scale renewable energy projects in the country. In summary, the approval of 1 GW offshore wind energy projects in Gujarat and Tamil Nadu represents a major milestone in India's renewable energy journey. These projects will not only enhance the country's wind energy capacity but also contribute to economic growth, job creation, and environmental sustainability. The government's commitment to renewable energy is evident in these initiatives, which will play a pivotal role in India's transition to a cleaner and greener energy future.

Next Story
Infrastructure Energy

EDF Eyes Renewable Partnerships with NTPC, CIL, and Actis

EDF India has signed non-binding term sheets with NTPC, Coal India Ltd (CIL), and global investor Actis to advance renewable energy projects in India. Under this collaboration, NTPC will develop, own, and operate pumped storage projects (PSPs), standalone hydropower, and hybrid renewable energy projects. EDF has proposed a 50:50 joint venture with NTPC and a separate JV with CIL to pursue PSPs and renewable projects in India and neighboring countries. India’s National Electricity Plan 2023 estimates a need for 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from ..

Next Story
Infrastructure Energy

West Bengal Seeks O&M Bids for 1.891 MW Solar Project

The West Bengal Power Development Corporation (WBPDCL) has invited bids for the comprehensive operation and maintenance (O&M) of a 1.891 MW rooftop solar project at Kolaghat Thermal Power Station for two years. Bids must be submitted by March 29, 2025, and will be opened on April 2. An earnest money deposit of Rs 89,332 is required, and successful bidders must provide a performance bank guarantee of 10% of the contract value within 30 days of the work order issuance. If the accepted bid value is 80% or lower than the estimated value, an additional performance security of 10% is mandatory. ..

Next Story
Infrastructure Energy

EDF Eyes Renewable Partnerships with NTPC, CIL, and Actis

EDF India has signed non-binding term sheets with NTPC, Coal India Ltd (CIL), and global investor Actis to advance renewable energy projects in India. Under this collaboration, NTPC will develop, own, and operate pumped storage projects (PSPs), standalone hydropower, and hybrid renewable energy projects. EDF has proposed a 50:50 joint venture with NTPC and a separate JV with CIL to pursue PSPs and renewable projects in India and neighboring countries. India’s National Electricity Plan 2023 estimates a need for 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?