The ministry of new and renewable energy (MNRE) signed an MoU on Wednesday along with a consortium of PSUs to set up a Joint Venture Company (JVC) that will set up the first 100 MW demonstration offshore wind power project in the country along the coast of Gujarat.
The consortium includes National Institute of Wind Energy (NIWE), NTPC Ltd, Power Grid Corporation of India Ltd (PGCIL), Indian Renewable Energy Development Agency, Power Finance Corporation, Power Trading Corporation, and Gujarat Power Corporation Ltd (GPCL).
“Some sites were identified along the Gujarat and Tamil Nadu coasts which have good wind power potential for development of offshore projects. GPCL was more interested so they have been allotted the project. The JVC will undertake detailed feasibility study based on the inputs received from pre-feasibility studies,” said a ministry spokesperson.
He added that subsidy will be provided for setting up of evacuation and transmission infrastructure to connect the project to the main land, in addition to financial support for carrying out studies such as wind resource assessment, environment impact assessment (EIA), oceanographic survey and Bathymetric studies. According to Global Wind Energy Council, Europe leads the way in harnessing offshore wind power with almost 90 per cent of the installations located in the continent.