IT Power India has been awarded funding by the British High Commission in New Delhi to undertake a co-operation project between the UK and India on offshore wind. The objective of the 18 month long project is to accelerate the implementation of offshore wind projects in India.
Despite having a valuable wind energy resource, India does not currently have any offshore wind capacity, however it does have more than 20 GW of onshore wind capacity, making it the 5th largest in the world. The Government of India has a desire to develop offshore wind activities and is interested in learning from the UK about how its offshore wind industry evolved, the ways in which projects have been financed and the financial support mechanisms that have been used to encourage its growth. In the short-term, the Government of India intends to develop its new offshore wind policy and wants to understand how to set up pilot projects and how to set up tenderable projects.
IT Power will support the activities of the Ministry of New and Renewable Energy (MNRE) in the further development of its offshore wind policy after its publication of a draft policy in mid-2013. IT Power’s India team will be working with stakeholders in India and particularly working closely with the MNRE to help identify barriers to the development of offshore wind in India and suggest ways in which these obstacles can be overcome. The marine energy team, based in the UK, will provide technical support and allow the flow of knowledge and experience from the development of the UK’s offshore wind industry.
For more information, see the MNRE’s presentation on the offshore wind draft policy.