@manhar – thank you for your response with detailed inputs.
Some of your inputs are in sync with what I learnt from the two reports I posted earlier. Offshore wind power generation while having a lot of benefits is a completely different animal compared to onshore. It needs different EPC skills to setup, power evacuation infrastructure, higher maintenance that is constrained by location (has to be done at near by ports which has the infra for it)…tariff rate is of course higher, but it falls over period of time.
In summary, as of now offshore wind energy is at a very nascent stage of development. While the potential is huge, people looking to profit from such opportunity will have to take it slow and let some actual progress happen on ground before taking a bet. I would let Indian players demonstrate their capabilities in this area before adding this point to my investment thesis pointers
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