Image Courtesy : Mahesh Gogate
The wind energy is considered as a clean and renewable source of energy. Among all renewable power technologies, wind power is comparatively a mature technology which has tremendous potential for commercialization and mass production of energy.
In India, the wind power generation is one of the fastest growing sectors. In the past, in terms of total wind installations, states of Tamil Nadu, Karnataka, Maharashtra and Gujarat were the leaders, mainly due to logistical and geographical advantage.
The ‘introduction’ section of the report provides information about the energy scenario in India, which includes installed capacity, demand supply gap of power prevailing in India along with the need for renewable sources of energy.
The ‘market overview’ section of this report highlights the wind power market in India, which includes the historical and forecasted growth and size of wind installations, information about the expected wind energy generation over the next four years along with value chain prevailing in the wind power industry. This section also provides insights about the procedure & cost component of wind power generation. Information on export and import figures for wind mills & turbines along with the wind powered generating sets for the last four fiscal years are also been provided in this section.
The ‘Drivers & Challenges’ section of this report provides information about the drivers that are behind the growth along with few challenges in the wind power industry in India. The huge untapped wind power potential, energy deficiency condition, increased CO2 emissions, volatile global prices of oil and depleting coal reserves are some of the factors behind the rapid growth in this market. The withdrawal of GBI and AD schemes, wind power evacuation issues, land acquisition problems and issues of grid integration are some of the challenges that have been highlighted in this section.
The ‘Trends’ section of the report highlights the key trends in wind power industry in India, which includes potential of off-shore capacity, vertical integration in wind power business, hybrid generators, and major investments in the wind sector.
The ‘Government Participation’ sector covers information regarding the special initiatives are taken by the regulatory bodies, which includes the Ministry of New and Renewable Energy (MNRE), Indian Renewable Energy Development Agency (IREDA), Centre for Wind Energy Technology (C-WET). This section also provides information about the description and the role played by each of the regulatory bodies in the growth of renewable energy sector. Policy and regulatory incentives given by the central & various state governments, state wise comparison of feed-in-tariff policy for wind power by the top five states which include Gujarat, Karnataka, Maharashtra, Rajasthan and Tamil Nadu, are also been mentioned briefly in this section.
The ‘State specific issues’ section provides vital information about the specific issues in the top five wind power generating states which includes Gujarat, Karnataka, Maharashtra, Rajasthan and Tamil Nadu.
The ‘competitive landscape’ section provides information about competitive landscape of the wind market in India which includes Porter’s Five Force analysis of the sector, briefing about the domestic players existing in the market, illustrating the competitive rivalry, bargaining power of suppliers and buyers and threat of new entrants and substitutes. A three dimensional analysis of domestic key players revenues, profits and market capitalization is also been provided in this section. This section of the report also highlights key data and information about the major domestic players in the wind power market, their corporations, financial performance, key financial ratios, business highlights, existing competitive scenario along with the individual SWOT analysis of each player. The major players that has been covered in this section includes public companies namely Suzlon Energy Ltd, the Tata Power Company Ltd, NEPC India Ltd and ABB Ltd. Private companies are also been highlighted, which includes GE India Industrial Private Ltd, Vestas Wind Technology India Private Ltd, Kenersys India Private Ltd, Gamesa Wind Turbines Private Ltd, Wind World (India) Ltd, RRB Energy Ltd and Global Wind Power Private Ltd.
The ‘Strategic Recommendation’ of this report provides information about the strategic recommendations, which includes analysis of the growth strategies for the wind power market in India.