Wind Energy

Wind Energy has the potential to completely alleviate India’s energy shortage of 8.6% to 10%. While fossil fuel prices have skyrocketed, wind energy is the perfect and the most commercially viable and cost-effective alternative in grid-connected power generation. The concerns on global warming and the emission of greenhouse gases have also tilted the favors strongly towards unconventional energy sources such as wind.

Wind Energy has the potential to completely alleviate India’s energy shortage of 8.6% to 10%. While fossil fuel prices have skyrocketed, wind energy is the perfect and the most commercially viable and cost-effective alternative in grid-connected power generation. The concerns on global warming and the emission of greenhouse gases have also tilted the favors strongly towards unconventional energy sources such as wind.

Scope and Future of Wind Energy: Capacities, Trends, Projections and Prospects

The prospects, projections, estimations, trends, capacities and the scope of wind energy are given below. These indicate the scope for growth and consolidation of wind energy, as one of the leading sources of renewable energy vis-à-vis unconventional energy.

  • The current installed capacity of wind energy, in India, is around 200 GW.
  • The estimated Wind Power potential in India is around 49,130 MW where the major potential is found to be in low wind regimes of 200-250 watt per square meter.
  • A total wind power capacity of 14,155 MW has been established till March, 2011, in Tamil Nadu, Gujarat, Maharashtra, Andhra Pradesh, Karnataka and Rajasthan.
  • In 2010-11, India witnessed a capacity addition of 2,350 MW, crossing the 2000 MW threshold for the first time. The capacity addition target for 2011-12 is 2400 MW.
  • Wind Power’s contribution has been around 8% to the total renewable energy grid-connected installed power capacity of India.
  • Tamil Nadu, Rajasthan, Maharashtra, Karnataka and Gujarat are the States where large scale commercial developments have been currently taking place.
  • The average growth rate of global wind installations have been at 30% over the last decade.
  • In 2010, 27,000 MW new installations have been made taking the cumulative capacity to 194,000 MW.
  • The Twelfth five year plan targets to add 11200 MW from Wind Energy alone.
  • Large Public Sector Organizations as Railway, Telecommunications, Navaratna, etc. will need to use Wind Power in future, as they are the largest consumers of power and electricity.
  • MNRE’s Initiatives:

    A The Ministry of Non-Renewable Energy (MNRE) has launched and offered several programs, policies, projects and incentives: Here are a few of the initiatives the MNRE has undertaken to benefit the investors in Wind Energy in India:

  • The MNRE has launched the Wind Resource Assessment Programme to monitor the wind potential of thousands of sites in more than 14 States and Union Territories in India.
  • The Ministry also offers attractive fiscal and promotional incentives to encourage the private sector to exploit the prospects of the industry.
  • Demonstration projects are also carried out by the Ministry to create awareness on the commercial viability and competence of renewable energy resources.
  • Their unremitting efforts have led to the development of manufacturing capacities of advanced wind turbines (up to 2.5 MW unit size) and framing of suitable policies to support investors from both the technological and financial aspects.
  • A sight is considered to have wind potential, by the Ministry, only if the location has an annual mean wind power density of greater than 200 watts/m2 at 50 meters height.
  • The Ministry offers fiscal incentives as 80% accelerated depreciation for the first year, customs, excise duty exemptions, tax holiday for a decade, etc. to investors.
  • The Indian Government also extends loans and financial assistance through the Indian Renewable Energy Development Agency (IREDA) and other financial institutions.
  • SB Wind Energy Private Limited is adept at utilizing the abundantly, freshly and infinitely available renewable energy resources to create infinite amounts of power. We have the ability and the expertise to set up Wind Energy turbines in the smallest pieces of land possible, as wind energy can be easily made available in the remotest of areas. The same land can also be used for cattle grazing and agricultural farming.

    We ensure that you make the most out of the MNRE’s and the Indian Government’s incentives, policies, schemes, projects, licenses, certificates, loans, tax cuts, concessions and exemptions. We have greater leverage among the Ministry, Central and State Governments, Public Sector Undertakings, etc. to avail you of all the advantages and trade-related benefits. Through such persistent efforts from all quarters including ours, Wind Energy will definitely help India attain self-sufficiency in the production of power and electricity.