India will add 58 GW of capacity over the next seven years at an Investment of over 4 lakh crore. This would take the cumulative installed capacity of onshore wind energy to 100 GW as part of the Centres plan to create 500 GW of non-fossil fuel based installed capacity by 2030. Currently, 42.8 GW of onshore wind energy has been installed.
On the other hand, the Union ministry of new & RENEWABLE ENERGY will float a tender for seabed licensing to setup 4 GW of India’s firstoffshore wind energyoffTamil Nadu coastbefore the end of CY2023.
Meanwhile, Union ministry of new & renewable energy is tapping the offshore wind energy potential and identified 14 sites, each with a capacity to install one GW, off theTamil Naducoast in the Gulf of Mannar. Tenders would be floated before the end of this year for the seabed license, wherein the successful bidder would prepare the detailed project report in five years. In the first phase, bids would be for leasing out 4GW of power through open access, captive, bi-lateral third party sale and merchant sale.