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Wind power sector ready to work with govt to realize targets: Sarvesh Kumar

According to reports, the wind power sector is ready to work with the government to realize the target of 175 GW renewable power, of which 60GW is wind power, by 2022, but first wants a proper regulatory framework in place. Sarvesh Kumar, chairman of the Indian Wind Turbine Manufacturing Association (IWTMA), in an interview with Mint, discussed various issues plaguing the sector, including how goods and services tax (GST) rates could impact the wind sector and how offshore wind power ... Read More »

6 GW of wind capacity to be auctioned this year

According to reports, India will see 6 GW of wind power capacity auctioned in the current year, Rajeev Kapoor, Secretart, Ministry of New and Renewable Energy, said today. Speaking at Windergy 2017 conference here, Kapoor said that 2 MW will be tendered out by the govt company, SECI, in a month. Part of the other 4 GW would be bid out by the state governments, he said. The plan for 6 GW comes on the heels of the country’s first ... Read More »

India’s wind power capacity crosses 32 GW mark, says IWTMA

According to reports, Industry body Indian Wind Turbine Manufacturers Association (IWTMA) on Tuesday said the wind power generation capacity in the country has crossed 32 GW mark. However, according to the Central Electricity Authority’s (CEA) monthly report for March 2017, the installed wind power generation capacity is around 28.7 GW, lower than the ITWMA estimates.  India’s installed wind power generation capacity has crossed 32 GW so far and there should be at least 6 GW of capacity addition every year ... Read More »

Vestas to increase Ahmadabad plant’s capacity to 600 MW

According to reports, wind power solutions provider Vestas will ramp up its equipment manufacturing capacity at Ahmadabad plant to 600 MW in 2-3 years from existing 200 MW to get a bigger share of over 5,000 MW annual market in India. “We will increase our equipment manufacturing capacity from around 200 MW to 600 MW in next 2-3 years mainly due to encouraging policy initiatives by the government,” Vestas Director, Marketing & Public Affairs, India & South East Asia, Amar ... Read More »

Removal of incentives to hit wind energy projects

According to reports, with incentives offered for wind energy investments having come down this financial year, installations by small investors — those who have less than 10 MW — is expected to drop drastically. Of the 32 GW of installed wind energy capacity in the country, 60% are by small investors. According to K. Kasthurirangaian, chairman of Indian Wind Power Association, the accelerated depreciation has gone down from 80% to 40%, after generation-based incentive and 10-year tax-free benefit for profits ... Read More »

Wind power industry in TN up in arms as Tangedco seeks to ‘verify captive status’

According to reports, the wind power industry in Tamil Nadu is up in arms against the State electricity distribution company, Tangedco, over a series of circulars sent by the latter to ‘verify captive status of generating plants’. Captive generating units are those power companies that supply at least 51 per cent of the power they produce to their shareholders; the shareholders should collectively own at least 26 per cent of the generating company. The idea, according to Tangedco, is to ... Read More »

Govt to auction 4 GW wind projects in FY18; 1st bidding in May

According to reports, the government plans to auction wind power projects of about 4 gigawatt (GW) capacity in tranches this year and the first round of bidding is expected to take place next month, a senior official said today. “We have planned to set up about 4 GW of wind power capacities through auction route. The auction would be done in batches. The first batch of such auction is being planned next month,” Solar Energy Corporation of India (SECI) Managing ... Read More »

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