The wind manufacturing space has grown steadily in India with about 7.5GW of manufacturing capacity in India today which is expected to reach about 10.5GW in 2012-13. With 11 gigawatts of installed wind capacity, India is the fifth-largest wind market in world.
India’s wind power sector has registered rapid growth with strong interest from Indian and global IPPs and financial investors. India ranked the third largest market in the past fiscal with over 2,000 MW of new capacity additions, translating to an investment mobilization of over US$ 2.4 billion.
The wind industry has taken many proactive steps along with organizations like C-WET to handle the skilled man power problem that the industry might face due to the rapid growth and scale up.
According to reports, India Power Corporation Limited (IPCL) and its subsidiary DPSC Limited, a power generation and distribution group, yesterday said they planned to invest Rs26,450 crore over the next four years in the power segment in India.
According to DPSC Ltd chairman, Hemant Kanoria, a 60 MW wind power facility was under construction and was likely to be accredited by March next year in Rajasthan.