Monday, 4 March 2013

Govt. sets Target of 15,000 MW of wind Energy during 12th plan period.


The Government has set a target of 15000 MW of wind power to be installed during 12th Plan period.  The capital expenditure for setting up one MW wind power project is approximately Rs.6 croresA total capacity of 18551 MW from wind energy has already been established in the country.  This is around 9% of the total installed power capacity in the country.

The Government has been promoting wind power projects through private sector investment by providing fiscal and promotional incentives such as 80% Accelerated Depreciation, concessionalimport duty on certain components of wind electric generators, excise duty exemption to manufacturers. 10 years tax holiday on income generated from wind power projects is also available. Loans for installing windmills are available from Indian Renewable Energy Development Agency (IREDA) and other Financial Institutions. Technical support including wind resource assessment is provided by the Centre for Wind Energy Technology (C-WET), Chennai. This apart, preferential tariff is being provided in potential states. A Generation Based Incentives (GBI) was available from December 2009 to 31st March 2012, under which Rs. 0.50/unit generated from wind power projects was provided to the projects which did not avail Accelerated Depreciation (AD) benefit.   The GBI and AD benefit have been discontinued w.e.f. 01.04.2012.

The Centre for Wind Energy Technology (C-WET), Chennai, the Government has undertaken an extensive wind resource survey programme to identify the potential sites for wind power projects.  A total 701 wind monitoring stations have so far been established in the country.  The data collected is available with C-WET, which is used by various stake holders in wind sector. 
The state-wise wind power installed capacity is given as under.  The states of Uttar Pradesh and Jharkhand do not have any wind potential site.

STATE-WISE WIND POWER INSTALLATION

 States
Capacity (MW)
Andhra Pradesh
435
Gujarat
3093
Karnataka
2113
Kerala
35
Madhya Pradesh
386
Maharashtra
2,976
Rajasthan
2,355
Tamil Nadu
7,154
Others
4
             Total
18,551

1 comment:

Janardhan B said...

Very good encouragement for Energy Sector. The Govt may extend the GBI benefit also.

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