Wind-power’s share to be 24% by 2030
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BUTTERFLY: Nature Club of India
Aug 11, 2010, 1:15:52 PM8/11/10
to SAFE - Social Action Foundation for Equity
Wind-power’s share to be 24% by 2030
http://igovernment.in/site/wind-power%E2%80%99s-share-be-24-2030-38176
India inches towards wind-power to overcome power shortages
Published on 08/11/2010
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.
With huge energy insecurity, non-conventional energy sources are being
tapped to the fullest. As a result demand for wind energy is set to
rise exponentially in India within the next 20 years.
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.
Such a scenario would open tremendous business potential for wind
power equipment manufacturing firms such as Larsen & Toubro and Bharat
Forge. Besides, Bharat Heavy Electricals (BHEL), another joint
ventures company known as L&T-MHI between L&T and Mitsubishi Heavy
Industries will join the fray.
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
http://igovernment.in/site/wind-power%E2%80%99s-share-be-24-2030-38176
India inches towards wind-power to overcome power shortages
Published on 08/11/2010
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.
With huge energy insecurity, non-conventional energy sources are being
tapped to the fullest. As a result demand for wind energy is set to
rise exponentially in India within the next 20 years.
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.
Such a scenario would open tremendous business potential for wind
power equipment manufacturing firms such as Larsen & Toubro and Bharat
Forge. Besides, Bharat Heavy Electricals (BHEL), another joint
ventures company known as L&T-MHI between L&T and Mitsubishi Heavy
Industries will join the fray.
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
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