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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
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:
Silk, often hailed as the queen of textiles, holds a significant place in India's cultural…
World Tuna Day, observed annually on May 2nd, is dedicated to raising awareness about the…
The Ministry of Corporate Affairs (MCA) has granted its approval for the appointment of Hitesh…
India, renowned for its rich tapestry of natural landscapes and cultural heritage, is home to…
Paul Auster, the renowned American novelist and filmmaker, has passed away at the age of…
Renowned playback singer Uma Ramanan, who predominantly sang in Tamil, passed away at the age…