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Developments towards India’s first offshore wind project

MOU signed for the first ever Indian offshore wind project, Renewable Energy Magazine Robin WhitlockThursday, 06 November 2014 A Memorandum of Understanding (MOU) has been signed to establish a Joint Venture Company for India’s first demonstration offshore wind power project along the Gujarat coast…….Prime Minister Shri Narendra Modi’s message in the US was loud and clear that renewable energy is the way to go, it dovetails world’s concerns about climate change and it clearly enhances India’s energy security. Considering the country’s 7600 km long coastal line , Shri Goyal added that the opportunities for scaling up are humongous. The Minister also suggested for building partnership with Defence, Coast guard and Shipping to ensure seamless and time bound approval process…….Onshore wind power development is the fastest growing renewable energy option in India and has now reached a commercial stage with more than 22 GW of installed cap acity supported by funding from private investment. The country has around 7,600 kilometres of coastline, offering a huge potential for offshore wind power development. To this end, the Ministry has now taken the initiative by announcing a Draft National Offshore Wind Energy Policy as well as preparing a Draft Cabinet note on National Offshore Wind Energy Policy which will be circulated for inter-ministerial comments.http://www.renewableenergymagazine.com/article/mou-signed-for-the-first-ever-indian-20141106

November 8, 2014 - Posted by Christina Macpherson | India, renewable