Indian Wind Turbine Manufacturers Association (IWTMA) participated in the brainstorming session organised by Ministry of New & Renewable Energy (MNRE) and submitted their recommendations to the Ministry.
Chairman of IWTMA said, “The wind energy sector has been reeling under tremendous pressure and struggling with the transition from FiT to reverse bidding with tariff cap regime resulting into very low tariff. The tariff discovered is so low that it is neither bankable nor sustainable. Due to this, irrespective of bidding of 17 GW, actual installation is around 700 MW. Also, in last two years, against country’s annual installed manufacturing capacity of 10 GW, only 15 per cent capacity is utilised. This low capacity utilisation is not sustainable by the sector and has severely affected 4,000 SMEs and 2 million jobs. At this rate, achieving national target of 175 GW by 2022 will be a big challenge.” IWTMA suggested the following:
- Implement FiT & 5 years firm policy framework to develop 50 GW
- Under open access, waiver of ISTS charges for captive consumers
- Uniform Wheeling & Banking policy for captive power consumers in the states
- FiT policy for <25 MW for small domestic investors.