India to invest US$27 billion in wind power in next four years

Oct 23, 2008 - Asia In Focus

With the thrust on renewable sources of energy increasing, investment in wind power generation will touch Rs 1320 billion (US$27 billion) in the next four years, says Indian Wind Turbine Manufacturers Association (IWTMA). "The installed capacity of wind power in the country by the end of year 2012 would reach 22,000 MW, at an investment of Rs 1320 billion," IWTMA chairman D V Giri told reporters here.

* The current installed capacity of wind power in the country is nearly 9,600 MW and capacity addition of over 11,000 MW is expected by the end of XIth Five-Year Plan (2007-12).

* "A total of 216 potential locations have so far been identified in 13 states and union territories which could be considered suitable for installation of wind turbines," Minister of State for Renewable Energy Vilas Muttemwar said.