MUMBAI: Ministry of new and renewable energy is making efforts to set up a national offshore wind energy agency to explore wind generation potential in the offshore areas.
At a day long national consultation, Farooq Abdullah, minister for new and renewable energy said that the potential of generating power through wind energy in the offshore areas was immense and the ministry will approach the union cabinet soon for a decision.
He expressed hope that the finance ministry will restore the benefits of accelerated depreciation for wind power producers in the interim budget to be presented next month.
The one day long national consultation was organised by the ministry of new and renewable energy to discuss the need and scope of a national wind energy mission which work towards improving investment climate by resolving issues connected with resource potential, land availability, grid connectivity, clearance procedure and zoning. This initiative is part of the efforts of the ministry to bring together all stakeholders on a common platform.
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