24 May 2012 10:05:10
India wind report gives confidence to market
Following interviews with experts from the Indian wind industry, Wind Energy Update have compiled a "State of the Industry" report which is now available to download. The report features interviews with 3 industry experts and highlights where the challenges lie and what the future prospects are for wind energy in the medium to long term.
The report highlighted that while the dismantling of the accelerated depreciation model is seen to have a negative impact on the industry in the short term, the introduction of GBIs is widely seen to be a good move for the long term health of the renewable energy industry in India. "There may be temporary drop in capacity additions. But in the long run, the quality of projects will improve, and the investment environment will get better as well", states Sunil Jain, chief operating offer of Green Infra Ltd. "With the new generation-based incentive (GBI) introduced just over a year ago, we've seen the addition of 3,200 MW in 2011-12, which is the highest annual addition to date", agrees Mr Krishnakumar, managing director of Orient Green Power.
Will Broad of Wind Energy Update explained that readers of the report will get an "an honest and useful appraisal of one of the most dynamic RE environments in Asia".
To receive the complimentary report, contact Will Broad.
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