Report Summary Analysing state-wise business Opportunity for Developers, Funding Bodies & OEM’s in India till 2022
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Wind power auctions in India started in early 2017, and post then the country has witnessed a cumulative 5 GW of wind power going under hammer. The wind tariff in India touched lowest level of INR 2.64 per kWh in the second wind auction conducted in October, 2017, by the Solar Energy Corporation of India (SECI), which was much lower than that of INR 3.46 per kWh in first round of auction in February, 2017.
Post-FY 2012 the focus from wind power started to gradually shift to solar power and post FY 2014 the impetus in terms of favorable policy incentives solar power witnessed a boom leaving wind to be the second fiddle only in the renewable energy space. But the vision 2022 also aims to raise the capacity of wind power in the country which led GoI to push the business case of wind power in the country and launch e-auctions for same through the aegis of SECI.
Key Queries Resolved
BUSINESS CASE FOR WIND MARKET OUTLOOK IN INDIA
BEST VISION IS INSIGHT
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