India added 412 MW of wind power capacity in the third quarter (Q3) of the calendar year 2023, representing a 53% year-over-year (YoY) dip, according to Mercom India Research.
The installations were down 64% quarter-over-quarter (QoQ) from 1,139.9 MW.
The decline resulted from leading wind energy states like Karnataka and Rajasthan failing to register any installations during the quarter.
According to Mercom sources, in Karnataka, developers faced substation shortages during the quarter, leading to most completed projects not being commissioned. Since no projects were scheduled to be commissioned in Rajasthan during the quarter, the state did not see any new capacity added.
Notable wind projects commissioned during the quarter were Apraava Energy’s 107 MW project in Gujarat, JSW Energy’s 103 MW project in Tamil Nadu, Adani Green Energy’s 62 MW project, and Alfanar’s 55 MW project in Gujarat.
Gujarat led the states for cumulative wind installations, accounting for 25.1% of the country’s total capacity. Tamil Nadu remained at the second spot with 23.3%.
At the end of Q3, Karnataka had the third highest installations, representing 12% of the total wind capacity, and Rajasthan ranked fourth with 11.8%.
Maharashtra was fifth, accounting for 11.6% of the installed wind capacity during the quarter, followed by Andhra Pradesh with 9.3% and Madhya Pradesh with 6.4%.
The Ministry of New & Renewable Energy has issued an agency-wise bidding calendar for 50 GW of renewable energy projects for the current financial year (FY 2023-24), which includes at least 10 GW of wind tenders.
In July this year, the Ministry of Power introduced new guidelines for the tariff-based competitive bidding process for procurement power from grid-connected wind power projects to boost renewable capacity and meet the distribution licensee’s renewable purchase obligation. The guidelines aim to create a transparent and fair procurement framework through open competitive bidding, ensuring competitive prices and risk-sharing among stakeholders to enhance project bankability and investor returns.
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