GWEC: Spotlight on India

Wind Industry Profile of

Total wind installations in India are expected to reach between 48GW to 54GW by 2022 – well short of the government’s 60GW target. This implies that new tenders issued will be between 2GW to 3GW per year after accounting for the pipeline already under construction.

The sudden decline in the market has taken all stakeholders by surprise as this range is 60 per cent lower than the range expected over the last two years. The sharp decline in expectations is driven by supply-side bottlenecks mainly attributed to sanctioning of grid and land (See our note in the GWR 2019). GWEC and MEC+ provide a scenario-based foundation for policy action by shedding light on the development of wind installations in... ... More: Official Press Release GWEC

Keywords:

GWEC, India, installation, capacity, GW, pipeline, construction, target, government, tender, auction, investment, delay, market