Tata Power announced on Monday that it has teamed up with RWE Renewable GmbH of Germany to look into the possibility of developing offshore wind projects together in India.

According to a Tata Power release, RWE Renewables GmbH, one of the world's leaders in offshore wind, and Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, one of India's largest integrated power businesses.

India has a huge coastline of around 7,600 kilometres, making it an untapped and very desirable market for developing offshore wind prospects. It stated that the MoU between Tata Electricity Renewable Energy and RWE is noteworthy in view of the Indian government's announcement that 30 gigawatts (GW) of offshore wind projects will be installed by 2030 to address the country's expanding power demands.

RWE and Tata Power Renewable Energy complement each other's strengths, allowing India to develop a competitive offshore wind sector. Tata Power's CEO and Managing Director, Praveer Sinha, stated in a statement.

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