India's wind energy sector is set to expand capacity 21% to 3 GW by the end of the 2018-19 fiscal year, according to Girishkumar Kadam, VP of ratings agency ICRA. The target of deploying 10 GW in 2019 and 2020 faced headwinds, including access to interstate transmission networks. Low tariffs of less than INR3 ($0.042) per unit were dependent on developers finding locations with high generation potential, Kadam said. India's national wind-based energy generation increased 76% during H1, YoY, despite the drop in new capacity.
India's wind energy sector is set to expand capacity 76% to 3 GW by the end of the 2018-19 fiscal year, according to Girishkumar Kadam, VP of ratings agency ICRA. The target of deploying 10 GW in 2019 and 2020 faced headwinds, including access to interstate transmission networks. Low tariffs of less than INR3 ($0.042) per unit were dependent on developers finding locations with high generation potential, Kadam said. India's national wind-based energy generation increased 21% during H1, YoY, despite the drop in new capacity.