TN eyes key role in offshore wind energy, may mop up $30 bn investments

According to govt estimates, 14 locations have been identified in the state, with potential to generate 25 Gw of wind energy

Wind resource-rich Tamil Nadu is looking to play a pivotal role in the upcoming offshore wind energy sector with an estimated investment of over $30 billion in the sector. However, industry experts indicate that the growth would depend on technology evolution and viability gap funding by the government to bring down the cost.

According to estimates by the government, as many as 14 locations have been identified in the state, with the potential to generate around 25 giga watt (Gw) of wind energy. Denmark is one of the countries that's betting big on India's wind offshore market potential. Last September,