The New and Renewable Energy Secretary, Anand Kumar revealed this plan at the Global Wind Day celebration by the Indian Wind Turbine Manufacturers Association (IWTMA) in New Delhi on June 30 , 2018. The plan is to auction 30 GW solar and 10 GW wind every year for the next 10 years till 2028, implying a huge potential for domestic manufacturers and developers.
100 GW of Solar by 2022, 350 GW by 2030 and 140 GW of wind till 2030 will be bid out as per the plans of the government. Kumar also mentioned that the best bidding mechanism was being examined and IIM Lucknow had been engaged for preparing a detailed report on merits of close envelop auction and reverse bidding method. This Newsletter separately carries a report and a presentation by REWS President to IIM Lucknow. Kumar also mentioned of the plans to auction, hybrid, offshore and offshore-hybrid
‘We are going to propose to MNRE for an increase in our sectoral exposure from 35 per cent to 60 per cent’
K S Popli, CMD, IREDA farms that will bridge the gap between demand and supply. A demand of nearly 800 GW is assessed by 2030. Tulsi Tanti, Chairman of IWTMA spoke at length of the vision and plans of wind industry in India. He said India will boost its wind turbine manufacturing capacity to 25 GW/yr from the present 10 GW/yr. he talked about the scenario beyond 2030 when India could be facing severe water crisis and when the offshore windfarms can be used to desalinate water for the country’s fresh water needs.
Speaking at the IWTMA event, IREDA Chairman and Managing Director K S Popli said that the Reserve Bank of India has recently allowed a niche Non-Banking Financial Company (NBFC) to ask for a relaxation in the sectoral exposure limits. “We are going to seek approval from the IREDA board and then going to write
to the Ministry of New and Renewable Energy,” he said.
Fuente: EnergyPulse
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