Wind power projects of 12,162.50 MW capacity awarded so far
By EPR Magazine Editorial December 12, 2019 12:24 pm IST
By EPR Magazine Editorial December 12, 2019 12:24 pm IST
Wind power projects are set up in the country, including in the state of Rajasthan, on the basis of commercial principles taking into account wind resource, land availability, transmission infrastructure, etc.
So far, bids for 15,100 MW of wind power projects have been issued, out of which projects of 12,162.50 MW capacity have been awarded.
The cumulative installed capacity of wind power (as on 31.10.2019) in the country is 37,090.03 MW. The details of state-wise installed capacity of wind power.
th December, 2017, with an objective to provide a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders.The Government is promoting capacity addition of wind power projects through private sector investment by providing various fiscal and financial incentives such as Accelerated Depreciation benefit; concessional custom duty exemption on certain components of wind electric generators. Besides, Generation Based Incentive (GBI) is available for the wind projects commissioned before 31 March 2017. In addition to fiscal and other incentives as stated above, technical support including wind resource assessment and identification of potential sites is being provided through the National Institute of Wind Energy, Chennai.
This information was provided by Union Minister of State (IC) New and Renewable Energy, Power and Skill Development and Entrepreneurship Shri R.K. Singh, in written reply to a question in Rajya Sabha.
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.