Venterra Company GDG and ABAN Power Agree Strategic Partnership to Propel Offshore Wind and Energy Infrastructure in India and Asia-Pacific
21/5/2024, London: Venterra Group company Gavin & Doherty Geosolutions (GDG), a leading global offshore wind services provider, is delighted to announce a ground-breaking strategic partnership aimed at accelerating the development and implementation of offshore wind projects, marine and offshore structures, and related initiatives in India and the Asia-Pacific region. This landmark collaboration underscores a mutual dedication to advancing clean energy solutions and broadening service offerings, particularly within India's rapidly expanding offshore wind sector.
This strategic alliance leverages the comprehensive expertise and extensive resources of both GDG and ABAN Power, supporting India's ambitious target of achieving 500 GW of renewable energy capacity by 2030. The partnership offers a unique opportunity for these industry leaders to introduce world-class expertise and innovative solutions to India's renewable energy sector.
Dr. Indrasenan Thusyanthan, Venterra Global Offshore Director, remarked, "Over a year ago, I identified clear priorities to expand the Venterra Group’s presence in India and the Asia-Pacific region. Our partnership with a leading company like ABAN Power perfectly aligns with our strategic vision. This collaboration allows us to combine our extensive experience and bring unmatched expertise to support India's ambitious clean energy goals."
Srijith Menon, Head of Green Business at ABAN Power Limited, added, "We are excited to join forces with GDG and leverage our extensive experience in offshore and renewable energy projects globally. Our partnership is uniquely positioned to lead the offshore sector in India, significantly contributing to the country's renewable energy targets. Today's announcement highlights ABAN's commitment to climate action and delivering renewable energy solutions to customers across India."
The GDG and ABAN Power partnership will offer an extensive range of essential services grounded in innovation and industry-leading engineering. This alliance merges two highly complementary service portfolios from trusted industry brands, enhancing their ability to meet the diverse needs of the evolving offshore energy and infrastructure market.
Venterra's engineering and build teams deliver comprehensive Geoscience, Survey, Design, Advisory, Environmental and Build services with their specialist expertise across the entire offshore wind farm development lifecycle. Our world-leading experience, which has recently secured significant contracts across Europe, APAC, and the Americas, is a testament to Venterra's reputation for excellence. Venterra's recent appointment to provide geophysical and geotechnical services for the Baltica 1 wind farm off the coast of Poland, in collaboration with Poland's PGE Group, underscores our capability to manage large-scale projects for Tier-1 developers and government state agencies, ensuring meticulous planning, execution and delivery of large offshore wind projects.
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Media Enquiries:
Stiofain MacDaibhead, Head of Venterra Engineering Communications
+353 86 3298700; stiofain.macdaibhead@venterra-group.com
Notes to Editors:
About Venterra Group Plc
Venterra Group Plc was formed in 2021 as a dedicated offshore wind services platform, supporting the industry’s rapid expansion and leading role in the clean energy transition. Comprised of nine sector-leading service providers with expertise and experience across engineer, build and support phases of the offshore wind farm lifecycle, Venterra Group and its 600+ global workforce are helping developers and Tier-1 contractors to bring wind power capacity online more quickly, competitively and sustainably. For further information, please visit www.venterra-group.com.
About ABAN Power
ABAN Power Limited is an independent Renewable Energy company of the ABAN Group, one of India’s largest Offshore drillings and jack up companies, working in the areas of Solar, Onshore Wind, Offshore Wind, Biofuels and EV’s. With a rich history of Energy projects, on both traditional and renewable energy, Aban has operated multiple power plants, serving residential, commercial, and industrial customers. Our commitment to innovation and sustainability drives us to invest in renewable energy sources and efficient technologies, ensuring reliable power supply while minimizing environmental impact. This year, Aban Power Limited announced intentions to build over 1GW of Renewable Energy projects in India over the next couple of years with the first agreement signed with the State Government of Tamil Nadu for a 500MW project of which Phase 1 will be commissioned by the end of 2024.