Cost competitiveness and energy efficiency initiatives by the government have propelled an increasing tilt towards the usage of renewable energy. The country is expected to continue the growth momentum in the usage of renewable energy with wind energy taking the lead.

1. For a Better Tomorrow
Renewable Energy in India on the Rise
Cost competitiveness and key energy eciency initiatives by the government
have propelled an increasing tilt towards the usage of renewable energy
Growth of installed capacity of renewable energy in India (GW)
10.2
12.3
14.4
CAGR (2007–13): 18.4%
16.8
20.0
Segment-wise Installed Capacity of Renewable Energy in India (March 2013)
13%
Small Hydro
Energy (3.6 GW)
State-wise wind potential and installed capacity (MW) in India
Rajasthan Others
Maharashtra
14,497
448
5,961
3,022
5,050
2,685
Tamil Nadu, Gujarat, Karnataka and Andhra Pradesh are the most attractive states in terms
of wind power installation in the country
Source: : EY Report 2013- Mapping India’s Renewable Energy Growth Potential
24.5
28.1
FY07 FY08 FY09 FY10 FY11 FY12 FY13
Share of renewable energy in India’s total energy
mix rose from 7.8% in FY08 to 12.3% in FY13
India was the world’s fifth largest wind
energy producer in 2013
Wind power in India is forecasted to reach
89 GW of installed capacity by 2020,
according to the Global Wind Energy
Council (GWEC)
68%
13%
6%
0.3%
Wind Energy
(19.1 GW)
Bio Energy
(3.6 GW) Solar Energy
(1.7 GW)
Others
(0.1 GW)
Andhra
Pradesh
Gujarat
Karnataka
Tamil
Nadu
Estimated Potential (MW)
Installed Capacity (MW)
14,152
7,162
13,593
2,135
35,071
3,175
14,463
425
Aranca’s Views
India has transformed into an attractive investment destination in the renewable energy
landscape with installed capacity witnessing strong growth in recent years. With the ongoing
government support such as the Jawaharlal Nehru National Solar Mission , the sector is expected
to continue the growth momentum going forward. Wind energy is expected to be the key driver of
overall renewable energy growth in the country as the new Indian government aims to add 10GW
of wind energy capacity annually.
Compiled by: Hemnabh Varia
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