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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement