WIND ENERGY

INDUSTRY-2017

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ACHIEVEMENTS:
Wind capacity added is mainly spread
across South, West and North region

4th largest Wind Power capacity in the

world

Largest ever wind power capacity

addition of 3.4 GW in 2015-16
exceeding target by 42%.

52% increase in Installed wind Power

capacity as on March 2017
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Current WIND projects
VESTAS: Won order for turbines totaling 100MW for an unnamed customer
and wind farm in India. The deal includes delivery, installation and
commissioning of 50 V110 2.0MW turbines as well as the project's civil and
electrical works
Atria Brindavan Power Private Limited places 40 MW firm and unconditional
order for the first phase of the Basavane Bagewadi Wind Farm in the Bijapur
district of Karnataka state to Vestas

Tata Power Renewable Energy Ltd (TPREL) has announced the

commissioning of its 100 MW wind farm project in Nimbagallu, Andhra Pradesh

Inox-Wind: Bags 100 MW project from Adani Green Energy to be developed in

Gujrat

Source: https://www.vestas.com/en/media/companynews?y=2017&n=1623215#!NewsView

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Tender Updates
The Solar Energy Corporation of India (SECI) has
announced that it will auction 4,000 megawatts of
wind energy capacity this financial year, i.e. by
March 2018.

India 1st Wind Tender by "SECI

Oversubscribed despite off-take uncertainties

First Wind Auction conducted in February

2017 for the Capacity of 1050 MW

Record low power tariff of Rs.3.46

Awardees : Mytrah
Sembcrop
Inox-Wind
Ostro Engg.

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Tender Updates:
Tender:
Tamil Nadu Tender- 1000 MW of Wind energy capacity

Project developers have placed bids to set up a total of 2,898 megawatts against
an offered capacity of 1,000 megawatts

Tariffs fell to a new low of INR 2.64, with a drop of 24% in tariff rates in just 7
months

Winning Bidders :
ReNew (INR 2.64 , 250 MW)
Orange Power (INR 2.64 , 200 MW)
Inox Wind (INR 2.65 , 250 MW)
Sembcorp Green Infra (INR 2.65 , 250 MW)
Adani (INR 2.64 , 50 MW)

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Wind turbine makers are staring at a slowdown even as
the government looks to boost renewable energy
Due to decrease in tariff up to lowest of Rs.3.46, many companies are backing off
from contract

Low Tariff hurt Wind turbine market in Q2-2017

Suzlon Energy Ltd.s revenue fell 46 percent in the quarter ended June

Siemens Gamesa Renewable Energys revenue from the sale of wind turbines
also fell 9 percent year-on-year in the quarter ended June

SOURCE: https://www.bloombergquint.com/business/2017/09/14/low-tariffs-hurt-wind-turbine-makers

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 India's Wind Turbine Makers Mull Cuts as Auction Pace Lags
ReGen Powertech Pvt.-
Last month shuttered a factory in the northwest city of Udaipur
Currently operating from 1GW factory from the state Andhra Pradesh
Reduced staff strength from 1700 to 1300 and are still at it

INOX-WIND:
Stopped all manufacturing after 700 megawatts of orders won under the previous feed-
in-tariff regime became a "piece of paper
Company has manufacturing capacity of 1600 MW , but has orders of only 300 MW to
be executed from October

Suzlon Energy executive has hinted at Manpower rationalization

SOURCE: https://www.bloombergquint.com/business/2017/09/14/india-s-wind-turbine-makers-mull-cuts-as-auction-pace-lags

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TOP OEM with cumulative installation base
exceeding 1 GW in INDIA