Windergy India 2017: Strong RPO compliance required to meet renewable target

By Editor

Share

Windergy India 2017, a two-day international exhibition and three-day international conference on wind energy sector, kicked off in New Delhi, India.

The event was organized by Indian Wind Turbine Manufacturers Association (IWTMA) in partnership with Global Wind Energy Council (GWEC).

Windergy India 2017 was inaugurated by Tomasz Kozlowski, the European Union Ambassador in the presence of prominent personalities in wind industry, including Sumant Sinha, Chairman & CEO, ReNew Power; Tulsi R Tanti – CMD, Suzlon Group; Ramesh Kymal – CMD, Gamesa Renewables;  Madhusudan Khemka, MD, ReGen PowerTech; Sarvesh Kumar, president & COO, RRB Energy Limited & Chairman, IWTMA; Chintan Shah, president SBU, Suzlon Group & Vice Chairman, IWTMA; and the GWEC Secretary General, Mr. Steve Sawyer.

The event marked the showcasing of latest technologies by the leaders of the wind industry across the globe who have converged at Windergy India 2017. It also witnessed the release of Global Wind Energy Market Outlook Report and the Indian Wind Energy Outlook.

Guest of Honour, Sumant Sinha,  chairman & CEO, ReNew Power, said, “Wind energy is already a significant portion of the renewable capacity installed in India and there is enough potential for the country to reach its target of 60 GW by 2022. The ecosystem of manufacturers, IPPs and investors is well established. India recently became the first country in Asia to introduce auctions in the wind sector and it helped discover a very competitive price. Last year witnessed a stellar performance by the sector with an addition of 5.4 GW capacity, surpassing all previous records.”

“However, to sustain momentum in the long run, the government must ensure strong Renewable Purchase Obligation (RPO) compliance to meet the 60 GW target, which must be a sacrosanct number for us as a nation. In the immediate term, the capacity addition momentum needs to continue through announcement of further wind auctions both at the State and Central level,” Sinha added.

In India, wind energy is in a unique position as compared to other forms of renewables as it generates employment both at the equipment manufacture as well as at the power generation stage; thereby contributing to the Make in India program of the government, according to Sinha.

Damini Juyal and Siddharth Jaiswal

editor@greentechlead.com

Latest News

Related