Wind Power - India February 2009

Executive Summary Estimated worth USD XX bn in 2008 Installed capacity A MW while potential capacity ~B MW State of Tamil Nadu accounts for a% of installations b% of power generated is used for captive consumption SAMPLE Market Drivers & Challenges Trends Competition Shift from captive consumption to independent power production Shift from onshore to offshore wind energy due to higher potential Large energy companies entering the industry Suzlon dominates the market It has installed a% of India’s total capacity Growing @ b% p.a. Other major players are X,Y and Z Drivers: Strong government initiatives at Central and State levels, cost competitiveness and global shift in the movement towards generation of clean energy Challenges: Variability in output levels due to climatic conditions, shortfall in land available to develop wind farms and lack of infrastructure for generation and transportation of power

Estimated worth USD XX bn in 2008

Installed capacity A MW while potential capacity ~B MW

State of Tamil Nadu accounts for a% of installations

b% of power generated is used for captive consumption

Shift from captive consumption to independent power production

Shift from onshore to offshore wind energy due to higher potential

Large energy companies entering the industry

Suzlon dominates the market

It has installed a% of India’s total capacity

Growing @ b% p.a.

Other major players are X,Y and Z

Drivers: Strong government initiatives at Central and State levels, cost competitiveness and global shift in the movement towards generation of clean energy

Challenges: Variability in output levels due to climatic conditions, shortfall in land available to develop wind farms and lack of infrastructure for generation and transportation of power

Market Overview Drivers & Challenges Trends Competition Key Developments

Market Overview

Drivers & Challenges

Trends

Competition

Key Developments

Wind power is the fastest growing renewable energy source in India and is valued at USD XX bn The wind power installed capacity is A MW ( as of Feb ’--) The potential capacity of wind power is B MW Wind power technology is dominated by onshore installations (land based) of turbines Wind power is used for both captive consumption and Independent Power Producer (IPP) model: Almost a% of the power generated is used for captive consumption SAMPLE Overview Source: Size and Growth Installed Capacity (ending March) Segmented State-wise Potential West Bengal Andhra Pradesh Gujarat Karnataka Kerala j% Maharashtra a% Madhya Pradesh b% Tamil Nadu c% Rajasthan d% Orissa e% f% g% h% i% Segmented State-wise Installations Gujarat a% Others b% Maharashtra c% Tamil Nadu d% Rajasthan e% Karnataka f% 2007 Z 2008 a% MW V 2004 W 2005 X 2006 Y

The wind power installed capacity is A MW ( as of Feb ’--)

The potential capacity of wind power is B MW

Wind power technology is dominated by onshore installations (land based) of turbines

Wind power is used for both captive consumption and Independent Power Producer (IPP) model:

Almost a% of the power generated is used for captive consumption

Drivers & Challenges Global shift to clean energy Cost competitiveness Government initiatives Drivers Lacking infrastructure Unavailability of land for wind farms Variable Output Challenges

Key Trends Trends Investors are moving from captive consumption model to independent power producing Large energy companies are entering the market capitalizing on the cost benefits available and the lack of competition Offshore wind energy is becoming more attractive than on shore wind energy

Company A is the dominant player among the manufacturers (1/5) SAMPLE Source: Z14 Y14 X14 H 8 Z15 Y15 X15 I 9 Z16 Y16 X16 J 10 Z19 Y19 X19 Z18 Y18 X18 Z17 Y17 X17 K 11 Z13 Y13 X13 Z12 Y12 X12 G 7 Z11 Y11 X11 F 6 Z10 Y10 X10 Z9 Y9 X9 E 5 Z8 Y8 X8 Z7 Y7 X7 D 4 Z6 Y6 X6 Z5 Y5 X5 C 3 Z4 Y4 X4 Z3 Y3 X3 Z2 Y2 X2 B 2 Z1 Y1 X1 A 1 MW Nos. 2 kW Details as on 31st Mar-2008 Rating 1 Manufacturer No.

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