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India's wind energy additions have reportedly increased by 76% to 3,000 MW in the current fiscal year (2018-19
).
This compares with an increase of 1,700 MW
in the previous fiscal year.
The vice president of rating agency ICRA said, "To date, the project award expects to increase capacity to 2.
5-3 GW
in fiscal year 2018.
As for the increase in bid tariffs, it is partly due to increased pricing for wind power equipment, additional evacuation costs and rising capital costs
.
”
He added that it remains a challenge
for node agencies to achieve target wind projects in fiscal year 2019 and 2020 due to difficulties faced by developers in ensuring connectivity and open access between countries.
Between February 2017 and 2018, the central node bodies Solar Energy Corporation of India (SECI) and NTPC Limited (NTPC), as well as the National Electricity Distribution Corporation, were awarded 10 GW of project awards
.
This provides visibility
into the addition of a significant amount of wind-based capabilities in 2018-19 and 2019-20.
The tender tariffs found in recent wind auctions increased slightly from the low of Rs 2.
43 per 2.
43 found between August 2018 and September 2018 but remained below Rs 3 per 3
.
While wind energy bid tariff levels remain competitive compared to traditional energy sources, the viability of such tariffs depends on the ability of developers to identify sites with high power generation potential to
obtain long-term debt and capital costs at cost-competitive prices.
The generation performance of wind independent power producers (IPPs) was constrained by the poor 2017-18 wind season, with many wind assets reporting plant load factors (PLFs) at lower than expected levels
.
However, current fiscal wind power has improved
.
The growth rate of wind power generation across India increased by 21% in the first six months
of this fiscal year compared to the same period last fiscal year.
Although the increase in new capacity has slowed in the first half of 2017-18 and 2018-19, this increased production is still increasing
.
:/, please indicate the source for reprinting)
India's wind energy additions have reportedly increased by 76% to 3,000 MW in the current fiscal year (2018-19
).
This compares with an increase of 1,700 MW
in the previous fiscal year.
The vice president of rating agency ICRA said, "To date, the project award expects to increase capacity to 2.
5-3 GW
in fiscal year 2018.
As for the increase in bid tariffs, it is partly due to increased pricing for wind power equipment, additional evacuation costs and rising capital costs
.
”
He added that it remains a challenge
for node agencies to achieve target wind projects in fiscal year 2019 and 2020 due to difficulties faced by developers in ensuring connectivity and open access between countries.
Between February 2017 and 2018, the central node bodies Solar Energy Corporation of India (SECI) and NTPC Limited (NTPC), as well as the National Electricity Distribution Corporation, were awarded 10 GW of project awards
.
This provides visibility
into the addition of a significant amount of wind-based capabilities in 2018-19 and 2019-20.
The tender tariffs found in recent wind auctions increased slightly from the low of Rs 2.
43 per 2.
43 found between August 2018 and September 2018 but remained below Rs 3 per 3
.
While wind energy bid tariff levels remain competitive compared to traditional energy sources, the viability of such tariffs depends on the ability of developers to identify sites with high power generation potential to
obtain long-term debt and capital costs at cost-competitive prices.
The generation performance of wind independent power producers (IPPs) was constrained by the poor 2017-18 wind season, with many wind assets reporting plant load factors (PLFs) at lower than expected levels
.
However, current fiscal wind power has improved
.
The growth rate of wind power generation across India increased by 21% in the first six months
of this fiscal year compared to the same period last fiscal year.
Although the increase in new capacity has slowed in the first half of 2017-18 and 2018-19, this increased production is still increasing
.
:/, please indicate the source for reprinting)
/
