CHENNAI:
The proposal of Danish firm Copenhagen Infrastructure Partners for setting up 1GW offshore wind farm in Gulf of Mannar in Tamil Nadu is likely to come up in the next one year, says Danish Ambassador to India Freddy Svane.
The ambassador, who is here to mark Danish power cable major NKT A/S 130th anniversary, says that talks are still on with the Centre and the state to set up the first offshore windmill park.
According to the proposal document accessed by TNIE, Copenhagen Infrastructure Partners has initially planned for a 1GW offshore wind farm which requires 80 wind turbines and foundations. It would require Rs 185 billion capital expenditure during 2023-2026. These expenditure would include a network of submarine cables interconnecting the turbines besides a network of offshore and onshore substations. This would also require subsea cables and onshore cables connecting the wind farm to the grid.
The Danish envoy parried queries on viability gap funding for the project. Denmark's proposal has sought Rs 37 billion (USD 465 million-equivalent) capital grant paid at the stage of construction, Similarly, Union government has to clear the proposal by coming out with a offshore wind policy.
"The other issue under discussion is the Viability Gap funding. Denmark's proposal has sought Rs 37 billion (USD 465 million-equivalent) capital grant paid at the stage of construction," the official sources said.
Meanwhile, Danish power cable major NKT plans to increase the headcount at its Global Competence Centre here to about 120 from the current 50-70. NKT president and chief executive officer Alexander Kara says that NKT decided to enter India in 2019 to leverage the talent pool bring experience and knowhow for business opportunities within offshore wind energy and interconnections in the region.
The proposal of Danish firm Copenhagen Infrastructure Partners for setting up 1GW offshore wind farm in Gulf of Mannar in Tamil Nadu is likely to come up in the next one year, says Danish Ambassador to India Freddy Svane.
The ambassador, who is here to mark Danish power cable major NKT A/S 130th anniversary, says that talks are still on with the Centre and the state to set up the first offshore windmill park.
According to the proposal document accessed by TNIE, Copenhagen Infrastructure Partners has initially planned for a 1GW offshore wind farm which requires 80 wind turbines and foundations. It would require Rs 185 billion capital expenditure during 2023-2026. These expenditure would include a network of submarine cables interconnecting the turbines besides a network of offshore and onshore substations. This would also require subsea cables and onshore cables connecting the wind farm to the grid.
The Danish envoy parried queries on viability gap funding for the project. Denmark's proposal has sought Rs 37 billion (USD 465 million-equivalent) capital grant paid at the stage of construction, Similarly, Union government has to clear the proposal by coming out with a offshore wind policy.
"The other issue under discussion is the Viability Gap funding. Denmark's proposal has sought Rs 37 billion (USD 465 million-equivalent) capital grant paid at the stage of construction," the official sources said.
Meanwhile, Danish power cable major NKT plans to increase the headcount at its Global Competence Centre here to about 120 from the current 50-70. NKT president and chief executive officer Alexander Kara says that NKT decided to enter India in 2019 to leverage the talent pool bring experience and knowhow for business opportunities within offshore wind energy and interconnections in the region.
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