India Wind Power Market Report 2017 - Research and Markets

The "Wind Power in India 2017" report has been added to Research and Markets' offering.

Wind power sector added 5.4 GW of capacity during 2016-17, the highest ever added in the space in India. This can be largely attributed to the withdrawal of generation-based incentives and decline of accelerated depreciation benefits from 80 per cent to 40 per cent with effect from April 2017.

The sector is witnessing increased interest from developers in setting up large-scale wind-solar hybrid projects. As the wind energy ecosystem transitions from the FiT to the reverse auction regime, it would result in the customer base for OEMs shrinking. While they earlier received orders from companies in unrelated businesses seeking tax breaks, smaller players will now find it difficult to participate under competitive bids. This is mainly owing to the large block size (50 MW minimum block) on offer and higher capex involved.

Over the next five years, wind power market is expected to grow significantly on the back of competitive bidding regime, national targets and falling capital costs. Increased lending by banks at lower interest rates for longer tenures also helps the market grow.

Offshore wind is another opportunity that is coming up, for which the government has already notified the National Offshore Wind Policy. However, the commercial sense for these projects will take a long time to be established.

Capital costs for wind projects have been falling in the recent past. This trend has been assumed to continue into the future as well, as the scale of installations and installed capacity increases.

Key Topics Covered:

Section A: Sector Analysis, Recent Developments and Outlook

  • Overview
  • Changing Market Dynamics
  • Competitive Bidding
  • Policy and Regulatory Round-up
  • Cost and Financing
  • Grid Integration and Planning
  • Equipment and Technology Market
  • Outlook and Opportunities (till 2021-22)
  • Impact of GST

Section B: Emerging Areas of Opportunity

  • Energy Storage
  • Wind-Solar Hybrids
  • Wind Repowering
  • Offshore Wind

Section C: Database of Existing Wind Power Plants

For more information about this report visit https://www.researchandmarkets.com/research/v2jvq3/india_wind_power?w=4