From The Economic Times · Kalpana Pathak · · 1m
India targets 8 GW wind capacity by FY27
India plans to add 8 gigawatts of wind power capacity by fiscal year 2027, boosting exports and offshore wind projects.
In brief
India plans to add 8 gigawatts of wind power capacity by fiscal year 2027, boosting exports and offshore wind projects. India will add 7.5-8 GW of wind energy capacity in FY27 to reach 100 GW by 2030. Originally reported by The Economic Times.
Wind capacity target
India will add 7.5-8 GW of wind energy capacity in fiscal year 2027.
“India will add 7.5-8 GW wind energy capacity in the current fiscal year”
Investment scale
Each megawatt of wind projects requires ₹7 crore investment, totaling ₹50 crore annually for 7 GW.
“Wind projects require investment of around ₹7 crore per MW”
Export growth
India exported ₹12,000 crore in wind components last year, with potential for further growth.
“Last year also we achieved approximately ₹12,000 crore of exports”
Offshore wind potential
India's coastline and offshore wind speeds in Tamil Nadu could make offshore wind commercially viable.
“Wind speeds identified offshore Tamil Nadu are above 10 metres per second”
Capacity utilisation
Offshore wind projects could achieve 55% capacity utilisation, lowering electricity costs.
“Such wind speeds could result in a capacity utilisation factor of around 55%”
2030 target
India aims to reach 100 GW of wind capacity by 2030 through domestic manufacturing and exports.
“The government is therefore looking to accelerate deployment while expanding the domestic manufacturing and export ecosystem”
What it means
India will add 7.5-8 GW of wind energy capacity in FY27 to reach 100 GW by 2030.
