Renewable Energy Sector News | Project News | Project Update | Project Opportunities
The Union Cabinet has approved India’s first offshore wind energy projects with a capacity of 1 GW, split equally between Gujarat and Tamil Nadu, at a total cost of Rs 7,453 crore. The Viability Gap Funding (VGF) scheme allocates Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coasts of Gujarat and Tamil Nadu) and grants Rs 600 crore for upgrading two ports to support logistics requirements for these projects.
*Image used, if any, in this post is for illustration only
Note: The above-mentioned news was first published by us in our ProjectX India | 1st July 2024 edition.. Get this issue or any of our editions by clicking here…
Access Renewable Energy sector projects, news, contracts and tenders from India in ProjectX India
ProjectX India helps you identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract awards, and tenders. ProjectX India provides you with actionable new project opportunities through contacts. The copy is delivered to you through email every fortnight. For subscriptions, click here…
Click here to download an evaluation copy that covers new projects from India, ongoing projects from India, contract awards from India, and public procurement opportunities from India. WhatsApp us at 877 927 9155 for subscriptions or advertising on this website and digital edition.