Shakti Sustainable Energy Foundation participated in a ‘report launch’ by BVG Associates and MEC Intelligence on ‘Accelerating the Deployment of Offshore Wind in India,’ on January 24, 2024, in New Delhi. The report was launched in the presence of Shri Lalit Bohra, Joint Secretary MNRE, and Dr Rahul Rawat, Scientist D, MNRE. The report outlines the necessary steps to achieve India’s aspirations in the field of offshore wind energy.
The report is driven by a target of achieving net zero by 2070, India has ambitions to become a prominent player in the offshore wind industry. Building on its heritage in onshore wind and considering its strong offshore wind resources, India holds considerable potential to become a significant player in the global market. Over the last decade, the Government of India has established initial policies and frameworks to support the offshore wind segment. This preparatory activity has drawn international interest.
Led by BVG Associates (BVGA) with support from MEC+, the report identifies the gaps in policy, frameworks, and delivery models that are hindering offshore wind acceleration in India. The report draws on insights from various established and emerging offshore wind markets and Indian stakeholder dialogue. These insights inform a set of strategic and practical recommendations for the successful establishment of a sustainable offshore wind industry in India.
During the report launch event, Siddharth Arora, Associate Director of Clean Power moderated the panel discussion. Amit Kumar Singh Parihar, Director Clean Power, Shakti was also present at the report launch.
Read Full Report Here