Aug 16 2010
Bharat Book Bureau, a leading business information compiler and market research report providing company, has released a report on Indian wind energy industry. The report titled Industry Insight – Wind Energy Markets in India provides details on wind energy market trends, government policies that sway the growth and improvements in the wind energy market in India.
The report identifies wind energy as the fastest growing green energy market in India and quotes India as the fifth biggest wind power generating nation. Currently out of the total renewal energy installed capacity of 15,540 MW wind energy alone delivers more than 70% of it with an installed capacity of 10,242 MW as on March 2010. The installed capacity of wind energy is expected to reach 25,505 MW by the year 2013. According to a recent report from the Centre for Wind energy technology (C-Wet) the wind energy potential in India is estimated to be 48.5 GW. The report optimistically states that India is expected to surpass the governments’ estimate of producing 142 GW by the year 2030 by almost five times and produce 341 TWh to meet 12.6 - 14.2% of the Indian power supply demand. The report estimates a total investment of around Rs.336 billion in wind sector alone, generating employment opportunities for 142,000 persons and save the country from 320 million tons of CO2 emissions.
Some of the scopes mentioned in the report include an overview of global and Indian wind power market, key drivers for the growth, major issues and challenges that may affect the growth, various incentives available, IREDA guidelines and regulatory issues and future prospects of wind power generation in India. The report provides enough insight to comprehend the Indian wind energy market and the issues related to it.
Source: http://www.bharatbook.com