A long coastline, low labour cost, low installation cost, and fast local supply is making India place to be at. International giants Areva, Siemens and GE are surveying opportunities.
Areva has already built 600 MW of offshore wind projects in Europe and has estimated that installation costs in India could be 30-40 % less than in Europe where it is about $2.2 for every megawatt of offshore wind built.
Its expected that large part of the offshore area will be offered to developers who will build minimum of 200-400 MW of wind power projects.
The Information Bridge: DOE Scientific and Technical Information
Statistical analysis of wind farm costs and policy regimes, Asia Alternative Energy Programme (ASTAE) working paper
Wind Power India
Technical Briefs on Energy Technologies
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