On Monday, Tata Power said that it is collaborating with Germany-based RWE Renewable GmbH to explore the potential for joint development of offshore wind projects in India.

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A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 per cent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and RWE Renewables GmbH, one of the world’s leaders in offshore wind, a Tata Power statement has said.

India is an unexplored and highly attractive market to develop opportunities for offshore wind as it has an extensive coastline of about 7,600 kilometres.