Financial institutes cast doubts on the viability of projects
The target is achievable if you look at the wind potential and the capabilities of the wind turbine manufacturers, who can manufacture the machines and develop the workforce to execute the project. If you take that as a benchmark, then it is achievable.
Wind segment to enhance energy security
The revised renewable target for 2022 is 227 GW, including 67 GW. We welcome this move as it will also enable India’s energy security and transition to a low-carbon economy. It is also a testament of the government’s confidence in the sector to deliver the targets
Gearing up for 80 GW and beyond
Wind dominates the renewable energy (RE) segment with an installed capacity of over 34,000 MW. The segment, which was once the leader in RE, may lose its sheen as grid-connected solar energy may take over wind in the coming years
Blackouts under control
Just think of power going off while an important surgery is taking place in a hospital and it will not get back for a day or two. The kind of disruption an electricity blackout arising from grid collapse can cause is enormous for different people at various places. Grid collapse is the worst-case scenario for any transmission utility too.
Only Collective Growth is Sustainable
Let us start with the economic reform of India. After a big bang economic reform of Indian economy, Indian power sector was opened for private investment in generation, but with a license to generate. Indian power generation capacity addition growth rate was in between 24-26 per cent during 8th-10th five-year plans, with installed capacity as on March 31, 2002, 85,795 MW to 132,329 MW as on March 31, 2007 respectively.
India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.
With an addition of 20,000 MW every year, a lot of stress has been put on electricity transmission. But investments in transmission and distribution have not kept up with investments made in power generation.Despite having installed power generation capacity of 225 GW and power demand of 135 GW (as of May 2013), India faced a peak power deficit of 9 per cent (12 GW). Power shortages have adversely affected the country's economy.
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