{"id":3847,"date":"2011-04-11T21:12:02","date_gmt":"2011-04-11T15:42:02","guid":{"rendered":"http:\/\/greenworldinvestor.com\/?p=3847"},"modified":"2011-04-11T21:12:02","modified_gmt":"2011-04-11T15:42:02","slug":"wind-power-in-india-what-you-wanted-to-know-about-wind-turbinesindian-wind-companiessubsidiescapacityoffshore-wind-and-wind-farms","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2011\/04\/11\/wind-power-in-india-what-you-wanted-to-know-about-wind-turbinesindian-wind-companiessubsidiescapacityoffshore-wind-and-wind-farms\/","title":{"rendered":"Wind Power in India – What you Wanted to Know about Wind Turbines,Indian Wind Companies,Subsidies,Capacity,Offshore Wind and Wind Farms"},"content":{"rendered":"

Wind Power in India forms the biggest Renewable Energy Sector in India with an annual investment of around $2.5-3.5 Billion a year and a capacity installation of around 1-2 Gw a year.The Wind Industry in India has shown tremendous growth to become the 5th largest global market by installed capacity which totaled around 13 GW by end 2010.With the government of India mandating a target of 15% from Renewable Energy by 2020 from 6% now,Wind Energy stands to gain immensely.A Number of Private Companies like Caparo,Technoelectric,KSK,Orient Green Power,Greenko have newly entered the Wind Electricity sector and are setting up hundreds of megawatts of capacity each.Wind Energy Companies in India <\/a>have also rushed to set up Wind Turbine Equipment Manufacturing alone or\u00a0 in JV with foreign partners while Global WTG Companies like Siemens,GE are adding to their Indian factories as well.States like Maharashtra which are low on Green Energy Capacity are giving additional incentives and subsidies to promote the use of Wind Energy while low speed Wind sites are being targeted as well.<\/p>\n

Wind Energy Companies in India<\/strong><\/p>\n

1) Suzlon Energy<\/strong> \u2013 Suzlon Energy<\/a> is the biggest Wind Energy Company by far with 4-5 Gigawatts of WTG Capacity per year.Its subsidiaries Hansen Transmission and RePower are also big players in the Wind Energy in Europe.The Company has seen its revenues and profits take a huge hit in recent times but has been recovering slowly.<\/p>\n

2) RRB Energy<\/strong> \u2013 The company has a long history and manufactures Wind Turbines at its plants in Tamil Nadu.The Company has a capacity of 300 MW which it is expanding to 700 MW.The Company makes only 2 models with power rating of 600 Kw and 1.8 MW.Merill Lynch has made a small investment in this company.<\/p>\n

3) NEPC India<\/strong> \u2013 This company was one of the wind energy heavyweights and a stock market darling earlier.However It no longer remains an active player in the Indian market .Heavy Debt and Bad Management drove to this company to the ground despite being a pioneer in the Indian Wind Power Market.<\/p>\n

4) Auro Mira Energy<\/strong> \u2013 The company is more of a Green Utility rather than a full fledged WEG manufacturer.It has made plans to manufacture Wind Turbines in the future.It has attracted funds from Baring and IFC to push forward its Green Plans.<\/p>\n

5) Regen Powertech<\/strong> <\/a>– It is a small scale WTG Supplier like RRB Energy which recently set up a small 300 MW manufacturing facility in Tada,Andhra Pradesh recently.The company licenses technology from Vensys to manufacture 1.5 MW gearless Wind Turbines.The company has managed to supply both big and small wind farms over the last 2 years.The company is supported by the PE arm of Future Group.<\/p>\n

6) WinWind<\/strong> \u2013 The company is not exactly a domestic company rather one with a Finnish Origin.It is owned by the Abu Dhabi Masdar ,Siva Group and the government of Finland.It has recently estalished a 1000 MW capacity in Venga,Tamil Nadu and also has a 500 MW plant in Finland as well.The company plans to producer 3 MW Turbines at its Indian plant as well.<\/p>\n

7) Pioneer Wincon<\/strong> \u2013 The company is a JV between the Pioneer Group and Wincon of Denmark.It makes small 250 KW Turbines and is a bit player with 30 years of operations in India.The Company remains a small static player in the Wind Energy Market of India.<\/p>\n

8) Chiranjeevi Wind Energy<\/a><\/strong> \u2013 A Small bit player like Pioneer Wincon which engages mostly in the sale of small 250 KW Wind Turbines.Like Pioneer Wincon it has sold a number of these Turbines to small companies mainly in the Southern Part of India.<\/p>\n

9) Lietnar Shriram Limited<\/a> <\/strong>– The company is a 50:50 JV betwen the Shriram Group of India and Lietnar of Italy.The company makes gearless turbines of 1.5 MW capacity and has supplied to small farms in Maharashtra.The company has a major inhouse customer in the form of Orient Green Power<\/a> which is building a 300 MW farm in Tamil Nadu using Lietnar Shriram Wind Turbines.<\/p>\n

10) Kenersys <\/a><\/strong>– The company is part of the Baba Kalyani Group which is a major forgings manufacturer in India.It was bought over in 2007,when the Kalyani Group and PE firm First Reserve bought over the German company RSB Consult.The Company mainly\u00a0 makes 2 and 2.5 MW turbines and has production facilities both in India and Germany.It has wind design capabilities between 1-3.6 MW and with a powerful parent, it could become a success in the future.Amongst the newer wind energy companies like Lietnar,RRB Energy,Regen and WinWind,it looks like the one with most potential.<\/p>\n

Foreign Wind Turbine Manufacturers in India<\/strong><\/p>\n

Major Global Wind Heavywieghts whcih have\u00a0 Turbine Production Facilities in India or are selling Wind Turbines to domestic Utilities are<\/p>\n

    \n
  1. Vestas<\/li>\n
  2. Enercon<\/li>\n
  3. Gamesa<\/li>\n
  4. Siemens<\/li>\n
  5. GE<\/li>\n
  6. Dongfang Electric<\/li>\n
  7. Shanghai Electric<\/li>\n<\/ol>\n

    Wind Power Subsidy in India<\/strong><\/p>\n

      \n
        \n
      1. Tax incentives<\/strong> \u2013 Indian renewable energy companies are entitled to take 80.0% accelerated depreciation on assets employed in renewable energy power generation and benefit from a 10-year tax holiday.<\/li>\n
      2. Generation Based Incentives (GBI)<\/strong> –\u00a0 The Federal Government gives an\u00a0 incentive of 50 paisa per unit of wind power supplied to the grid by independent wind power producers. The incentive is limited to wind farms with a maximum aggregate installed capacity of 4,000 MW.This is over and above the state fixed electricity tariffs for Wind Energy Generation.<\/li>\n
      3. Preferential Tariffs <\/strong>–\u00a0 State electricity regulatory commissions (SERCS) are encouraged to set preferential tariffs for power produced from Wind energy.You can read the detailed tariffs for wind energy at the CWET<\/li>\n<\/ol>\n<\/ol>\n

        Wind Zone\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Tariff (Rs.\/kWh)<\/p>\n