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Wind-power’s share to be 24% by 2030 in India
August 12, 2010 at 4:07 am · Filed under East Punjab, Environment, Natural Resources, Pressure Points and tagged: Ministry of New and Renewable Energy (MNRE), Wind-power’s share to be 24% by 2030 in India
New Delhi: Today, India is the fifth-largest in terms of the installed wind energy capacity in the world. The 11,807 megawatts (MW) of installed wind power capacity in the country is spread across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and West Bengal.
A recent study done jointly by the Global Wind Energy Council and the Indian Wind Turbine Manufacturers Association indicates that if the government provides the right incentives for the sector, wind power could account for 24 per cent of India’s total power generation capacity by 2030.
Major players in the wind turbine and equipment manufacturing arena, such as Suzlon Energy (SEL) and Danish company Vestas Wind Systems are gearing up to take the challenge up. SEL has nearly nine per cent of global market share in wind turbine sales.
The Ministry of New and Renewable Energy (MNRE) has presented plans to be implemented via state nodal agencies for water pumping windmills, hybrid systems and small aero-generators. The MNRE will meet up to half the cost of water pumping windmills, depending on the design of the windmill.
The MNRE has also proposed generation-based incentives for grid-connected renewable wind generation. The investment in the sector is designed to increase the investor base, and companies are not permitted to utilize the scheme for less than four years and more than 10 years.
Wind electricity manufacturers will obtain approximately 47 paise cent per unit of electricity fed into the grid. This is a considerable subsidy, as wind power averages about Rs. 2.80 per unit in India. Wind turbines commissioned under the GBI scheme or prior to March 31, 2012, are eligible for the subsidy.
