Categories: Business

Tata Power collaborated with RWE to develop offshore wind projects

Tata Power has collaborated with Germany-based RWE Renewable GmbH to explore the potential for joint development of offshore wind projects in India. A Memorandum of Understanding (MoU) in this regard was signed between Tata Power Renewable Energy Limited, a wholly-owned subsidiary of Tata Power, and RWE, one of the world’s leaders in offshore wind. This is in line with Government of India’s announcement of achieving 30 gigawatts (GW) of offshore wind installations by 2030.

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India is an unexplored and highly attractive market to develop opportunities for offshore wind as it has a large coastline of about 7,600 kilometres. RWE and Tata Power Renewable Energy possess complementary strengths and will enable the establishment of a competitive offshore wind market in India.

Important takeaways for all competitive exams:

Tata Power CEO: Praveer Sinha;
Tata Power Headquarters: Mumbai, Maharashtra.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.