India’s Union Ministry of New and Renewable Energy (MNRE) has launched its inaugural offshore wind tender, offering a substantial capacity of over 7 gigawatts.
This tender covers seven locations off the coast of Tamil Nadu in southern India, encompassing an expansive area of 1443 square kilometers capable of supporting 7.2GW of power generation.
To oversee the bidding process, MNRE has entrusted the National Institute of Wind Energy (NIWE).
The tender notice specifies that bids for 4.1GW of projects will be released in January 2024, with the remaining capacity available in the subsequent financial year.
Interested parties are invited to conduct surveys of the proposed locations. Initially, the seabed area will be leased to developers for a five-year term, extendable on a case-by-case basis.
Successful bidders are required to commission their sites, including conducting necessary surveys, within this timeframe, with NIWE providing oversight on progress.
Following commissioning, the project lease will be extended for the operational lifespan of the development.
This initiative marks a significant step in India’s efforts to expand its offshore wind energy sector and diversify its renewable energy portfolio.
We are a leading global infrastructure and renewables search & recruitment business. Don’t forget to follow us on LinkedIn to keep up to date on our opportunities and current news. Please get in contact to discuss your hiring needs, salary bench-marking or market information: firstname.lastname@example.org.
Join us on our podcast and subscribe to our newsletter to embark on an enlightening journey through the exciting landscapes of infrastructure and renewable energy. Stay connected, stay informed, and be part of the InfraBe community.
Tune in to our engaging podcast series where we dive deep into the dynamic realm of infrastructure and renewable energy. Join us as we discuss industry trends, innovative technologies, sustainable practices, and insightful interviews with experts and thought leaders. Stay informed and inspired on the go, gaining valuable insights to shape your perspective on the ever-evolving landscape of global infrastructure and renewables.
Stay ahead of the curve with our curated newsletter, delivering a regular dose of industry updates, exclusive content, and noteworthy developments. From project highlights and market analyses to career tips and emerging trends, our newsletter is your comprehensive source for staying informed in the world of infrastructure and renewable energy. Sign up using the form at the top right of this page.