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Wind energy associations have asked for policies to attract investors and accelerate growth of the sector in India even as the country reeled under the recent power outages in the northern and eastern grids which affected over 600 million lives.
The Indian Wind Turbine Manufacturers Association (IWTMA), the Indian Wind Energy Association (InWEA) and the Indian Wind Power Association (IWPA) made a presentation together at the Ministry of New and Renewable Energy (MNRE) round table in New Delhi seeking immediate action on several key pending policy actions that can accelerate capacity additions to the wind sector.
The associations have argued to reintroduce accelerated depreciation (AD) discontinued in the current fiscal, with some modifications as it would help investments made by medium and small scale enterprises. The paper also sought seamless national grid connectivity to evacuate power from the wind farm besides compulsory power purchase agreements (PPA) by all state electricity boards under the CERC (Central Electricity Regulatory Commission) norms. It also pitched in for deployment of National Clean Energy Fund (NCEF) for the wind energy sector•
The associations asked for a single window clearance for wind energy projects in states and a policy on regenerating old wind mills. They stressed on the need for clarity on key policy issues so as to help add the clean energy capacity in India, estimating the need to install over 4500 MW of wind energy every year for the next 10 years to achieve the target as outlined in the National Action Plan on Climate Change (NAPCC).
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