India likely to miss wind power target by a wider gap this year

By Editor

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As of January 2014, India has achieved only 1174 MW of wind power during the FY 2013-14 as against the target capacity of 2500 MW, said a statement released by the Minister of New and Renewable Energy Dr. Farooq Abdullah today.

If this pace continues, India is likely to miss this year’s target by a wider gap.

wind turbine

During 2012-13, India had missed the 2500 MW target by 800 MW, after witnessing two high-performing periods during 2010-12. The capacities achieved during 2010-11 and 2011-12 were 2350 MW and 3196 MW as against the target of 2000 MW and 2400 MW.

Wind energy producers get Rs.0.50/unit under the Generation Based Incentive (GBI) as incentive for generation of power subject to a ceiling of Rs.1.00 crore/MW. The benefit is to be availed in more than 4 years and less than 10 years.

During 2013-14 the expenditure under GBI scheme rose to INR 224.56 crore, from just INR 44.46 crore in the previous year.

India has the potential to become a major wind power producer in the world. The state of Tamil Nadu contributes a major share to the market with 7251 MW capacity installation completed as of January 2014.

Please see the chart below for other high-performing states:

 

           Sl.No. States Achievement (Upto January, 2014)
1. Andhra Pradesh 648
2. Gujarat 3384
3. Karnataka 2312
4. Kerala 35
5. Madhya Pradesh 386
6. Maharashtra 3472
7. Rajasthan 2734
8. Tamil Nadu 7251
9. Others 4
  Total 20226

 

Also read: NALCO commissions 2nd wind power project; third in Koraput soon

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