Advantage India:

India is endowed with a large, viable and economically exploitable wind power potential.

According to the Ministry of New and Renewable Energy (MNRE), India’s potential is conservatively estimated at 45,195 MW.

The use of wind power in India ranks fourth by worldwide comparison with an installed capacity of 7,092 MW. In fact, the Indian government envisages a capacity addition of 10,500 MW during the 11th Five – Year Plan period (2007-2012).

India is placed at the third position in the world in terms of new construction and this corresponds to an overall increase of over 40% in new wind power stations.

Wind power major Suzlon Energy Ltd. recently acquired German wind turbine manufacturer RE Power for a whopping Euro 1.35 billion.

Danish blade manufacturer LM Glasfiber announced the setting up of a new manufacturing facility in India for large blades.

Essar Power is exploring JV options for manufacturing wind turbines.

India’s largest private power company, TATA Power is setting up a 100 MW wind energy project in India.

National Thermal Power Corporation plans to install wind energy capacity of 250 MW.

Hindustan Petrochemicals Company Limited and Oil and Natural Gas Commission are foraying into the wind energy segment with wind farms of 100 - 150 MW at various sites along India’s coastline.

A programme entitled “Small Wind Energy and Hybrid Systems” is developed every year for the small wind-power station segment i.e. those with a capacity up to 30 KW and wind-powered water pumps produced in India.

During 2006-07 (validated up to 30 September 2006), indigenously produced wind turbines valued at US$ 250 million have been exported to Australia, Brazil, China, USA and to European countries.

The export of wind turbines and components together is likely to touch about US$ 500 million during the financial year.

A vast range of attractive incentives including fiscal concessions are offered to wind power projects by the Ministry of New and Renewable Energy (MNRE), Government of India.