ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

 Wind energy sector in India to see 50% growth in the next five years
POWER & RENEWABLE ENERGY

Wind energy sector in India to see 50% growth in the next five years

A report titled 'India Wind Energy Market Outlook 2025' has said India is expected to add around 20.2 GW of new wind power capacity in the 2021-25 period, indicating a 50% growth as compared to the current 39.2 GW installed capacity of the country.

As per the report, it's a clear signal that the market is starting to bounce back after a slow-down in recent years. According to the report by the Global Wind Energy Council (GWEC) and MEC Intelligence, the impact of lockdowns on India's wind energy market had been severe than expected, with just 1.1 GW installations out of 3.3 GW originally forecasted for 2020.

It said that the pace of new installations is likely to double over the next two to three years as compared to the average installations since 2017, the market began to slow down. Currently, India's pipeline projects of 10.3 GW, both in Central and state tenders, are expected to drive installations until 2023.

The report further added that the market post-2023 is likely to be driven by 10 GW new capacity installations awarded to the wind projects, mainly through hybrid projects that are becoming important for the round-the-clock power initiative of the country. It said that, over the next five years, 90% of new wind capacity installations would come from central tenders, followed by the corporate procurements and state markets.


Also read: SECI floats tender for 1.2 GW ISTS-connected wind projects

Also read: Wheels India plans Rs 100 cr capex in FY22 for wind energy sector

A report titled 'India Wind Energy Market Outlook 2025' has said India is expected to add around 20.2 GW of new wind power capacity in the 2021-25 period, indicating a 50% growth as compared to the current 39.2 GW installed capacity of the country. As per the report, it's a clear signal that the market is starting to bounce back after a slow-down in recent years. According to the report by the Global Wind Energy Council (GWEC) and MEC Intelligence, the impact of lockdowns on India's wind energy market had been severe than expected, with just 1.1 GW installations out of 3.3 GW originally forecasted for 2020. It said that the pace of new installations is likely to double over the next two to three years as compared to the average installations since 2017, the market began to slow down. Currently, India's pipeline projects of 10.3 GW, both in Central and state tenders, are expected to drive installations until 2023. The report further added that the market post-2023 is likely to be driven by 10 GW new capacity installations awarded to the wind projects, mainly through hybrid projects that are becoming important for the round-the-clock power initiative of the country. It said that, over the next five years, 90% of new wind capacity installations would come from central tenders, followed by the corporate procurements and state markets. Image Source Also read: SECI floats tender for 1.2 GW ISTS-connected wind projects Also read: Wheels India plans Rs 100 cr capex in FY22 for wind energy sector

Next Story
Real Estate

Concorde Acquires 3 Acre in Hennur for Premium High-Rise Project

In a strategic expansion move, Concorde has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a premium high-rise residential development. The upcoming project will feature a saleable built-up area of approximately 4.25 lakh sq. ft., with an estimated Gross Development Value (GDV) of Rs 5 billion. Scheduled for launch in FY 2026â€�27, the development will offer 2 and 3 BHK premium residences designed to appeal to discerning urban homebuyers seeking elevated, community-centric living in one of the city's fastest-growing corridors. â€œThis investment underlines our commitme..

Next Story
Real Estate

JP Infra Launches Monsoon Fest 2025 for ÑDz©ÌåÓý¹ÙÍøÊ×Ò³buyers

JP Infra, one of Mumbai’s most trusted real estate developers, has announced the launch of ‘Monsoon Fest 2025â€�, a limited-period campaign offering exclusive privileges across its residential projects in Mira Road, Thane, and other key locations. Running from 16th June to 31st July 2025, the Monsoon Fest presents a curated package of benefits for homebuyers. Every booking comes with an assured premium White Goods voucher from leading brands. Buyers can also choose one of three value-added offers: 50 per cent waiver on stamp duty Modular kitchen Fully furnished home&nbs..

Next Story
Infrastructure Urban

LANXESS Resin Removes Short-Chain PFAS From Water

Speciality chemicals company LANXESS has launched Lewatit MDS TP 108, a new ion exchange resin designed for the efficient removal of short-chain per- and polyfluoroalkyl substances (PFAS) from water. These PFAS compounds—characterised by having three or fewer carbon atoms—are among the smallest and most challenging to eliminate through conventional water purification methods.Lewatit MDS TP 108 marks a significant advancement in the treatment of contaminated water, particularly where traditional technologies such as activated carbon adsorption fall short. The new resin offers a service life..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement