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Offshore wind farm project at VOC to cost ₹450cr, to produce 500MW in phase-1
The New Indian Express
|April 22, 2024
WITH the Union Shipping Ministry planning to develop an offshore wind terminal at VOC Port in Thoothukudi, the estimated project cost has been pegged at ₹450 crore, according to official sources.
Sources told TNIE that VOC Port is planning to build infrastructure to produce 500MW from offshore wind under the first phase.
According to the India Offshore Wind Ports Study conducted by Centre of Excellence for Offshore Wind and Renewable Energy, the total cost involved in building the new terminal was initially estimated to be 965 crore. This includes dredging and shore protection among other works. But VOC Port authorities said a cost analysis carried out by the port found that the cost involved is around ₹450 crore.
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