RWE and Tata Power have teamed up to develop offshore wind projects in the country. Tata Power Renewable Energy Limited, a wholly-owned subsidiary of Tata Power, has signed a corresponding MoU.
RWE and Tata Power Renewable Energy Limited will conduct technical and commercial site assessments to help India create an offshore wind industry. In addition, the firms are conducting a review of the Indian offshore wind supply chain and supporting infrastructure, including ports and grid connections, to determine the country’s strengths and future potential.
On the collaboration, Dr Praveer Sinha, CEO and Managing Director of Tata Power said, “RWE is our ideal partner to support Tata Power’s plans to enhance and grow offshore wind business based on its global expertise in running and operating offshore wind projects”.
The RWE Group, founded in Germany, has more than 120 years of experience in the energy-producing industry. Tata Power has a long and illustrious history dating back over a century. With a total capacity of 4,909 MW, the company has a strong portfolio in India’s renewables environment, with close to 1,854 MW under construction.
“India has excellent wind resources, which can help to meet the country’s increasing energy demands. If clear regulations and an effective tender scheme are in place, we expect India’s offshore wind industry will gain real momentum. RWE wants to be part of this development,” Sven Utermöhlen, CEO Wind Offshore of RWE Renewables, said.