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Major Developments in India’s Wind Sector in 2020

Project development slowed down to a crawl in the wind sector for most of the year as supply chain issues, transportation restrictions, and workforce shortages weighed down the sector due to COVID-19.

While wind installations were on the rise as of the third quarter of 2020 (Q3 2020), they were still significantly lower than the same quarter in the previous year. India installed about 295 MW of wind projects in Q3 2020 – a near 117% increase from the preceding quarter’s 136 MW, but a steep 48% decline from Q3 2019’s 562 MW of installations, as per the Ministry of New and Renewable Energy’s (MNRE) data. The country’s wind power portfolio stood at about 38.1 GW as of September 30, 2020, up just 0.8% from June 30, 2020.

As the sector reeled from the global crisis, states and regulatory bodies in the country continued to fine-tune policies and regulations to ensure a much more conducive environment for when the industry is back on its feet.

The MNRE and the state electricity regulatory commissions of windy states like Tamil Nadu and Gujarat were the most proactive during this time and made many policy pushes over the year.

 

[source: mercomindia.com, 21/12/2020]


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