The wind energy sector, which saw a steep fall in installations during the last nine months, is hopeful of the Union Government extending generation-based incentive soon for installations in the XII Plan period.
D.V. Giri, secretary-general of Indian Wind Turbine Manufacturers’ Association, told The Hindu that the total installed wind energy capacity in the country was about 18,000 MW and, of it, 16,500 MW had benefited from the accelerated depreciation scheme and 1,500 MW from the generation based incentive.
In 2011-2012, the total installed capacity added was 3,196 MW.
Between April and September 2011, 1,402 MW was added. Between April and September 2012, it was just 753.95 MW.
The drop of 648.71 MW was because of non-availability of accelerated depreciation and generation based incentive from April 1, 2012, he said.
The Union Ministry of New and Renewable Energy was looking at an annual addition of 3,000 MW of installed wind energy capacity during the XII Plan period.
The industry expected the generation based incentive by the end of this month.
This was expected to give a boost to installations, he said.
The capacity of 15 leading wind turbine manufacturers was 9,500 MW a year.
Hence, catering to a market of 3,000 MW would not be a problem, he added.