Wind capacity addition to depend on bidding plans by utilities: ICRA
The investment information and credit rating agency, ICRA, in its report informed that new wind power capacity addition, in the…
The Indian Wind Turbine Manufacturing Association (IWTMA), in a report, stated that India will strive best to achieve around 6,000 megawatts (MW) of wind power capacity in the ongoing financial year, 2017-18.
"The government's target, for the 2017-18, is 4,500 MW. We know that we have number of challenges in front of us, but we will try our best to give around 6,000 (MW) in the current financial year," Indian Wind Turbine Manufacturing Association (IWTMA) Chairman Sarvesh Kumar said here.
Also, emphasising on the competitive bidding process, Kumar said that "you know that competitive bidding took place for only 1,000 MW. We have requested the Centre to go for at least 4,000 to 5,000 MW of competitive bidding so that we have an absolute clear vision in front of us."
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Earlier this month, New and Renewable Energy Ministry (MNRE) informed that India achieved a new record in the wind power capacity by adding over 5,400 MW against the target of 4,000 MW in 2016-17.
States that are leading in the wind power capacity addition during 2016-17 are Andhra Pradesh 2190 MW, followed by Gujarat 1275 MW and Karnataka 882 MW. In addition Madhya Pradesh, Rajasthan, Tamil Nadu, Maharashtra,Telangana and Kerala have reported 357 MW, 288 MW, 262 MW, 118 MW , 23 MW and 8 MW wind power capacity addition respectively during 2016-17.
The MNRE, in that last one year, has taken various policy initiatives in the wind energy sector that includes introduction of Bidding in Wind Energy Sector, Re-powering Policy, Draft Wind-Solar Hybrid Policy, New Guidelines for Development of Wind Power Projects, etc.
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