There would be considerable impact on annual investment (Rs336 billion) and employment (142,000 jobs); and 323 million tons of CO2 could be saved every year. Government of India is planning to infuse around Rs.600 billion under 11th five year plan in this industry apart from introducing various industry friendly policies, which will boost the growth of this sector and help reach the estimated installed capacity.
Wind Energy is the fastest growing renewable energy sector in India, which is, the world’s 5th largest wind power nation. Wind energy accounts for over 70% of the total 15,540 MW of installed renewable energy generation capacity in India. Installed wind power capacity at the end of March 2010 reached 10,242 MW, which is expected to go up to 25,505 MW by 2013. Centre for Wind energy technology (C-Wet) has recently estimated potential for wind power in India to 48.5 GW.
In the backdrop of this robust growth scenario of wind energy, we are introducing The Industry Insight – Wind Energy Markets in India, a must-have tool to help you understand how Indian market trends and Govt. polices are influencing the development and enhancement of the wind energy market.
Bharatbook added a new report on "Wind Energy Markets in India" which gives Indian market trends and Govt. polices are influencing the development and enhancement of the wind energy market.