NTPC, ONGC to scale-up offshore wind energy development
POWER & RENEWABLE ENERGY

NTPC, ONGC to scale-up offshore wind energy development

National Thermal Power Corporation (NTPC) Ltd and Oil and Natural Gas Corporation (ONGC) are planning to boost India's offshore wind power development, a coastline of about 7,600 km.

Last year in May, NTPC and ONGC signed a memorandum of understanding (MoU) to accelerate their renewable energy footprint.

According to the MoU, NTPC and ONGC will explore the set-up of offshore wind energy and other renewable energy projects in India and overseas. It also provided opportunities to explore sustainability, storage, E-mobility, and Environmental, Social and Governance (ESG) compliant projects.

Now, MoU assumes doubling the renewable energy capacity targets to 60 GW by 2032 by NTCP last month.

The onshore wind turbine efficiency is up to 25%, while the offshore efficiency is 50-60%, which is more efficient than onshore wind turbine efficiency given limited land resources and safety aspects, a senior official said.

Considering the 7,600 km long coastline and the expertise of ONGC in handling the operations, the association can bring a sea change in the part of clean energy, the official said.

According to the Ministry of New and Renewable Energy (MNRE), offshore wind turbines are much larger (5-10 MW per turbine) compared to onshore wind turbines (2-3 MW per turbine).

MNRE targeted to set up 5 GW of offshore wind energy installations by 2022 and 30 GW by 2030.

The wind resources assessment by the National Institute of Wind Energy (NIWE) gives the total wind energy potential at 302 GW at a hub height of 100 meters.

Out of the total wind energy potential, over 95% of commercially exploitable wind resources are concentrated in Andhra Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Karnataka, Maharashtra, and Tamil Nadu.

Image Source


Also read: Hybrid, solar and wind energy projects of 9 GW to be set up soon

Also read: Wind energy sector in India to see 50% growth in the next five years

National Thermal Power Corporation (NTPC) Ltd and Oil and Natural Gas Corporation (ONGC) are planning to boost India's offshore wind power development, a coastline of about 7,600 km. Last year in May, NTPC and ONGC signed a memorandum of understanding (MoU) to accelerate their renewable energy footprint. According to the MoU, NTPC and ONGC will explore the set-up of offshore wind energy and other renewable energy projects in India and overseas. It also provided opportunities to explore sustainability, storage, E-mobility, and Environmental, Social and Governance (ESG) compliant projects. Now, MoU assumes doubling the renewable energy capacity targets to 60 GW by 2032 by NTCP last month. The onshore wind turbine efficiency is up to 25%, while the offshore efficiency is 50-60%, which is more efficient than onshore wind turbine efficiency given limited land resources and safety aspects, a senior official said. Considering the 7,600 km long coastline and the expertise of ONGC in handling the operations, the association can bring a sea change in the part of clean energy, the official said. According to the Ministry of New and Renewable Energy (MNRE), offshore wind turbines are much larger (5-10 MW per turbine) compared to onshore wind turbines (2-3 MW per turbine). MNRE targeted to set up 5 GW of offshore wind energy installations by 2022 and 30 GW by 2030. The wind resources assessment by the National Institute of Wind Energy (NIWE) gives the total wind energy potential at 302 GW at a hub height of 100 meters. Out of the total wind energy potential, over 95% of commercially exploitable wind resources are concentrated in Andhra Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Karnataka, Maharashtra, and Tamil Nadu. Image Source Also read: Hybrid, solar and wind energy projects of 9 GW to be set up soon Also read: Wind energy sector in India to see 50% growth in the next five years

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->