Asia's First Tidal Power Plant for India
The Memorandum of Understanding (MoU) ensures Atlantis will partner Gujarat Power Corporation Limited (GPCL), as well as monitor the offshore wind resource in the Gulf to assess the feasibility of building a large-scale marine power project.
D.J. Pandian, chairman and managing director of GPCL, said the project would develop Gujarat's renewable energy supply chain, creating jobs and associated infrastructure that could benefit future projects.
"Gujarat has significant resource in the waters of its coast, so tidal energy represents a huge opportunity for us," he said. "This project will be India's and indeed Asia's first at commercial scale and will deliver important economic and environmental benefits for the region, as well as paving the way for similar developments within Gujarat."