India Approves Funding for 1GW Offshore Wind Projects

Views : 1961
2024-06-20

On June 19, according to the International Wind Power Grid, India approved the Viability Gap Financing (VGF) scheme with a total outlay of Rs 68.53 billion for the installation and commissioning of 1GW of offshore wind projects, including two projects of 500MW each off the coast of Gujarat and Tamil Nadu. Additionally, Rs 6 billion will be allocated for upgrading two ports to meet logistics needs for these projects. The scheme aims to establish India's first offshore wind project to boost the development of India's offshore wind energy industry.

Have questions or need support?

Our professional team is here to help.

Inquiry
TOP
We use cookies to understand how our audience uses our site.
Our site uses cookies to provide you with a better onsite experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie policy.
Accept
Reject
Cancel