Government aims to add 10,000 MW per year to lift wind energy sector.

The government plans to rapidly accelerate wind energy generation, adding an ambitious 10,000 MW every year, or five times the total new capacity that came up in the last fiscal, as the Modi government takes steps to reduce India's dependence on costly energy imports.

Wind energy, which had been overshadowed by solar projects in recent years, got a big boost as the government has restored key tax incentives that had helped India emerge as one of the top countries in the world in generating electricity from wind. The government feels that tax incentives coupled with conducive environment will rapidly accelerate wind energy.

'Originally, the country planned to install 18,500 MW during the 12th Plan period. However, new government is keen to go faster in wind power capacity addition, to reduce its dependence on imported fuels and increase the share of environment friendly energy resources.


ET