An Analysis of Opportunities in the


The development of wind power in India began in the 1990s, and has progressed steadily in the last few years. The short gestation periods for installing wind turbines, and the increasing reliability and performance of wind energy machines have made wind power a favored choice for capacity addition in India. Currently, India has the fifth 1 largest installed wind power capacity in the world. Wind power accounts for 6% of 2 India's total installed power capacity, and it generates 1.6% of the country's power . It 3 is estimated that 6,000 MW of additional wind power capacity will be installed in India between 2010 and 2012, taking the total installed capacity beyond 15,000 MW. In addition to the progress made in wind turbine installed capacities, the progress of the overall wind energy ecosystem has been encouraging as well. Pointers to this are the increasing number of component manufacturers and the rapid utilization of India's land for wind energy. While the growth of wind power in India was largely driven by tax incentives until recently, it is expected that more IPPs (independent power producers) will be interested in investing in this segment with the recent announcement of generation-based incentives

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