India RE Navigator
MNRE has issued a strategy paper outlining project development models for utility and open access offshore wind power projects.
| Target | Auction 37 GW capacity by FY 2030 | |||
| Project development models | Model A: Site identification and survey completion by NIWE for 500 MW capacity off the coast of Gujarat and Tamil Nadu each awarded through tariff/ VGF-based competitive bidding route for sale of power to DISCOMs | |||
| Model B: Site identification by NIWE and lease from MNRE through an appropriate competitive bidding process for sale of power to DISCOMS, private consumers or on the exchanges | ||||
| Model C: Site identification and development by project developers under lease from MNRE through an appropriate competitive bidding route for sale of power to DISCOMS, private consumers or on the exchanges | ||||
| Auction timeline, GW | ||||
| Year | Model A | Model B | Model C | Total |
| FY 2024 | 0.5 | 4 | 0 | 4.5 |
| FY 2025 | 0.5 | 3 | 0 | 3.5 |
| FY 2026 | 0 | 3 | 4 | 7 |
| FY 2027 | 0 | 3 | 4 | 7 |
| FY 2028 | 0 | 1 | 4 | 5 |
| FY 2029 | 0 | 0 | 5 | 5 |
| FY 2030 | 0 | 0 | 5 | 5 |
| Total | 1 | 14 | 22 | 37 |
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