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Tuesday, August 20, 2013

Govt plans Rs 43,000-cr green energy corridor

New Delhi: To facilitate flow of renewable energy into the national grid, the Government plans to roll out a Rs 43,000-crore ‘green energy corridor’ project.

The project will be implemented with the assistance of Germany, which has promised to provide development and technical assistance of €1 billion as soft credit,” said Ratan P. Watal, Secretary, Ministry of New & Renewable Energy.

Speaking at the ‘National Consultation of Stakeholders regarding Development of Offshore Wind Energy in India’ here on Wednesday, he said the Government is committed to providing a conducive environment for harnessing offshore wind energy.

He said India’s onshore wind energy deployment had crossed 19.6 GW attracting $16.5 billion of investment in 2012 and it is estimated that by 2030 installed capacity will reach 191 GW.

He further said a National Offshore Wind Energy Authority, under the aegis of MNRE, will be constituted shortly. The authority will act as the nodal agency for offshore wind projects.

The authority will carry out resource assessment and surveys in the Exclusive Economic Zones (EEZ) and simultaneously enter into contracts with project developers for offshore wind energy projects within the territorial waters (12 nautical miles).

Single window
A single window agency, it will coordinate with Ministries/Departments concerned for clearances. However, the authority will only act as a facilitator for getting clearance and application for clearance will be dealt in entirety by the Ministry/Department concerned, Watal said.

A January 2012 study by Scottish Development International had indicated the potential to establish around one GW wind farm each along the coastline of Rameswaram and Kanyakumari in Tamil Nadu. India’s offshore wind energy capacity is estimated at 350 GW.

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