September 27, 2018 Read More →

First offshore wind tender in India coming soon, official says

Recharge News:

India is due to announce its first offshore wind tender for a 1GW flagship project off Gujarat in October or November, a senior energy official in the state tells Recharge.

The Solar Energy Corporation of India, a state-owned company under the auspices of the national Ministry of New and Renewable Energy, has been tasked with releasing the auction plan, which follows an expressions of interest process in June.

Raj Gopal, the principal secretary in Gujarat’s energy department, told Recharge that the government has no finishing timeline set for the 1GW development. “In the end, it depends on the progress of the tender,” he said.

Gujarat’s 1GW offshore wind project serves as India’s opening gambit in its bid to install 5GW of offshore wind by 2022 and 30GW by 2030, with total wind capacity targets set at 60GW and 140GW by those dates.

Since the ambitious plan was announced in December, it has triggered both excitement and scepticism globally. “I would consider it an achievement if the 1GW (Gujarat project) could be built,” said Steve Sawyer, secretary-general of the Global Wind Energy Council, citing the country’s lack of infrastructure as a clear challenge.

India’s wind power price, Gopal said, is another key stumbling block for the country’s offshore wind ambition. Wind power prices in India have been subject to competitive bidding since 2017. The most recent wind power bid in Gujarat state came in at a price of 2,650 rupees ($36.50) per MWh.

More: India’s first 1GW offshore wind tender to be announced shortly

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