March
Renewable Energy
SECI plans to issue 1-GW offshore wind project development tender by next year
[Source -
The Economic Times
, 11 March 2024]
Author
Priti Dubey
Notable because
What to look out for in the months ahead
In addition to VGF, the government has provided several other incentives, including waiving inter-state transmission system (ISTS) charges and additional surcharges for offshore wind projects. Given these incentives, can offshore wind projects achieve cost competitiveness with onshore ones?