19 May '12, 1pm

India May Soon Approve Its First Offshore Wind Project: Filed under: Energy News

The Indian government may soon allow project developers to set up the first offshore wind energy projects in the country. The initiative by the government has been taken after several project developers expressed willingness to set up offshore projects which may deliver higher revenue compared to onshore projects. Some of the leading companies in India, like ONGC Limited, have asked government agencies to let them set up offshore projects. While the government is believed to have started work on formulating an allocation or auction policy for potential project sites, the actual implementation may take a significantly longer time. Onshore projects in Tamil Nadu, the leading state in wind energy generation, have been grappling with lack of transmission infrastructure. Some project developers have even moved their projects out of Tamil Nadu due to power evacuation issues. Whi...

Full article: http://cleantechnica.com/2012/05/19/india-may-soon-approv...

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