Wind Power Market in India 2022 – 2027

Wind Power Market in India 2022 – 2027

Wind power or wind energy harnesses the wind to generate mechanical power or electricity

Wind turbines convert wind kinetic energy into mechanical power, which can be used for specific tasks (such as grain grinding or water pumping) or converted into electricity by a generator. The growth of the wind power capacity has resulted in a robust ecosystem, enhanced project operation capabilities, and a manufacturing base of approximately 10,000 MW per year. The cumulative installed wind power capacity stood at 40.36 GW in FY 2022. It is expected to reach 52.48 GW by FY 2027, expanding at a CAGR of 5.84% during the FY 2023 – FY 2027 forecast period.

Government initiatives:

The Ministry of Power has extended the waiver on charges of the Inter-State Transmission System (ISTS) on the electricity transmission generated by solar and wind sources for projects scheduled to be completed by June 30, 2025. Furthermore, the order encourages the development of solar, wind, hydro-pumped storage plants (PSPs), and battery energy storage systems (BESS), along with the trading of renewable energy (RE) in power exchanges and the seamless transmission of RE power across states.

COVID-19 impact analysis:

All energy consumptions related to aviation, transportation, commercial activities, and industry have decreased dramatically due to the severe lockdown measures, while residential activities have significantly increased. As most business activities came to a standstill, there was a remarkable drop in power demand (up to 30%) that led to a 25% fall in exchange prices during the peak of the pandemic in 2020. The demand from commercial and industrial (C&I) consumers had declined by about 18% during the 2020 – 2021 period.

Chapter 1: Executive Summary
Chapter 2: Socio-economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Government organizations that control the renewable energy market
Chapter 4: Global Wind Power Market An Overview
4.1. Global ranking in terms of installed wind power capacity (GW) (2020)
4.2. Global ranking in terms of share of wind energy in their electricity mix (2020)
Chapter 5: Wind Power Market in India An Overview
5.1. Wind power market in India An Overview
5.1.1. Wind power installed capacity and growth forecast (FY 2021 FY 2027e)
5.1.2. Wind power capacity addition (FY 2011 FY 2022)
5.1.3. Wind power generation in billion units (FY 2014 FY 2022)
5.1.4 Share of wind generation in total power generation (FY 2014FY 2022)
5.1.5. Total installed power capacity (FY 2011 FY 2022)
5.1.6. Share of wind power out of total power capacity (FY 2011 FY 2022)
Chapter 6: Wind Power Market in India Segmentation
6.1. Region-wise wind power installed capacity
6.1.1. State wise wind power installed capacity (as of September 2022)
6.1.2. Region-wise Wind Power Repowering Potential Capacity
6.1.3. State wise wind potential at 100 m
6.1.4. State wise wind potential at 120 m
Chapter 7: Government Initiatives
7.1. Government initiatives
Chapter 8: Impact of COVID-19
8.1. Impact of COVID-19
Chapter 9: Trade Analysis
9.1. Trade Analysis
Chapter 10: Market Influencers
10.1. Market drivers
10.2. Market challenges
Chapter 11: Competitive Landscape
11.1. Adani Power Limited
Company information
Business description
Senior management
Note: Similar information covered for all other companies on best-effort basis
11.2. Indowind Energy Limited
11.3. Orient Green Power Limited
11.4. ReNew Energy Global Plc
11.5. Suzlon Energy Limited
11.6. The Tata Power Company Limited
11.7. Torrent Power Limited
11.8. Chiranjjeevi Wind Energy Limited
11.9. Sembcorp Energy India Limited
11.10. Wind World (India) Limited
Chapter 12: Recent Developments
12.1. Recent developments
Chapter 13: Appendix
13.1. Research methodology
13.2. About Netscribes
13.3. Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings